Latest data confirms experienced planners in short supply

financial-planning-industry/recruitment/

14 May 2007
| By Mike Taylor |

The financial planning industry is continuing to generate strong demand for appropriately qualified personnel, according to the latest data released by the financial services division of recruitment specialist eJobs.

The data, covering April, confirms demand for personnel remains on an upward trend, with March generating the highest number of industry roles being advertised — a 24 per cent increase to 320, and April generating 293 jobs.

While the eJobs data relates primarily to Melbourne and regional Victoria, the company said the trend had been replicated in all other regions, making it even harder to fill roles given the continuing tight candidate supply.

“We are definitely receiving fewer applications per advertised role, and these decrease exponentially the more experience the candidate is required to have,” the eJobs analysis said.

It said this compared with the situation with entry-level positions, where recruiters were being besieged by ‘industry qualified’ candidates looking for a foot in the door.

EJobs said the demand/supply situation was yet to play out, and it was often necessary to give clients a reality check with respect to their expectations.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

6 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

6 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

8 months 1 week ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

4 weeks ago

Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam ...

2 weeks 6 days ago

Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cos...

2 weeks 5 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
3