The Australian financial services sector suffered the biggest decline in job opportunities in the Asia Pacific region, with the job barometer falling in equities, derivatives and trading.
But it’s far from bad news for those seeking a career in financial planning, as the latest video from Wealth Professional explains.
Due to new compliance requirements, the Australian financial planning industry is seeing bright spots on the job horizon.
According to George McFerran of eFinancialCareers, the Big Four Banks are on the hunt for financial planners, “but they’re also interested in taking people from outside the industry as well, who’ve perhaps got broader experience in sectors of commerce”.
It’s also good news for those seeking a pay rise, with Steven Paola of Hay Group forecasting “four per cent on average over the next 12 months for salary increases”.
Click here to watch the story in full.