Only 4% of UK have considered career in financial advice

Just 4 per cent of workers in the UK have considered a career in financial advice with limited awareness meaning a widening gap in future talent. (Source FT Adviser)

A recent study conducted by St James’s Place Financial Adviser Academy and hiring platform Indeed surveyed over 4,000 individuals, revealing that nearly 25% of UK workers are dissatisfied with their current employment. Furthermore, approximately one-third of the respondents intend to pursue a career change within the next year.

Gee Foottit, Partnerships Manager at St James’s Place Financial Adviser Academy, highlighted that despite numerous career opportunities available, a lack of awareness and self-confidence hinders many from making a career switch. To address this, the Academy is collaborating with Indeed to spotlight lesser-known career paths that align with people’s desires.

Foottit noted that only 4% of individuals have considered a career in financial advice, despite its flexible work arrangements, competitive earnings, and meaningful impact. This limited awareness contributes to a growing talent gap in the sector, which the Academy aims to bridge.

The research also examined the ‘best careers you’ve never considered,’ identifying roles such as senior paraplanner and finance systems analyst, considered by only 9% and 3% of workers, respectively.

Jack Kennedy, Senior Economist at Indeed, added that the millions of job searches conducted on the Indeed UK site each month provide valuable insights into worker preferences and trends.

Click here to read the full article 

Scroll to Top

Market Download Subscribe

The market download is a regular weekly newsletter for financial advisers, wealth managers and industry contacts. If you would like to receive it, please submit a subscription request below, and our team will review and come back to you with any questions. Please note this newsletter is only intended for industry professionals and connected parties.

Global Returns Project: Find Out More or Make A Donation

Please fill in the details below to find out more or to enquire about making a donation to the Global Returns Project.

Download Request​

Please provide your details in order to download this document.

Download Request​

Please provide your details in order to download this document.

Download Request

Please provide your details in order to download this document.

Download Requests

Please provide your details in order to download this document.

Arrange a Demonstration

Please provide as many details as you can and we will get back to you very soon to arrange the demonstration with you.

Sign Up to GrowthInvest

Thank you for signing up for GrowthInvest. Please provide as many details as possible so we can configure your account appropriately.

Message Us or Register Interest

If you would like to leave us a message or register your interest in the GrowthInvest platform, please leave a few details outlining how we can help and we will get back to you very soon.

Message Sent

Thanks for your message. We will be in touch soon.