Planners pay levels plateau
The 2001 Hays Personnel Services salary survey recently released has highlighted that the financial planning and paraplanning job market does not seem to be as thriving as current industry feeling suggests. Nicole Szollos analyses the figures and gets the facts.<B>
In recent years there has been a range of specialist financial planning courses established, and an onslaught of people vying for degrees. The industry has seen a surge of consumers latching on to the concept of professional financial advice, and there is $212.7 billion under advice. And those already in the industry are refining their skills with extra courses, or increasing their qualifications with the Diploma of Financial Planning (DFP).
So with such demand for the service, it is interesting to see that this year's Hays Personnel Services salary survey reports that the salaries of financial services professionals have remained mostly stable since last year.
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