Regulatory change to lead to job growth: report
The changing financial services landscape looks promising for job growth, particularly in the risk area where prospective employees can cash in on tighter regulations.
Such is the forecast from this quarter's Hudson Report, which shows employers are optimistic about the first quarter of 2015, despite sluggish economic growth.
Almost 20 per cent of employers are looking to hire in NSW early next year, with financial services changes behind the 9.4 per cent spike, according to the report.
It described the financial services realm as a transformative landscape in which employees can benefit from regulatory change.
"Those professionals with exposure to agile environments are highly sought after as are compliance and risk professionals who can help organisations navigate the plethora of regulatory change on the horizon," Hudson Australia executive general manager, Dean Davidson.
Recommended for you
As the end of the year approaches, two listed advice licensees have seen significant year-on-year improvement in their share price with only one firm reporting a loss since the start of 2025.
Having departed Magellan after more than 18 years, its former head of investment Gerald Stack has been appointed as chief executive of MFF Group.
With scalability becoming increasingly important for advice firms, a specialist consultant says organisational structure and strategic planning can be the biggest hurdles for those chasing growth.
Praemium is to acquire an advanced technology firm for $7.5 million, helping to boost its strategy to be a leader in AI-powered wealth management.
