Jobs and Careers Winter 2022/23 - 170

In the
money
D
Looking for a career that's exciting,
challenging and lucrative? Then take
a look at the financial industry
espite difficulties in recent
years, the financial sector
in the UK remains robust.
According to government
statistics, UK-based
financial services contributed £174bn to
the UK's economy in 2021 - that's more
than 8% of economic output - and directly
employs over a million people.
The government has said it is committed
to keeping the UK as an open, global
financial centre at the forefront of
innovation, technology and green finance,
so it offers great prospects for a long-term
and lucrative career.
Employees entering the finance sector
are expected to work hard and under
pressure, but the rewards are good, from
decent starting wages to whopping, sixfigure
salaries and big bonuses. There's
plenty of variety - from tax, accounting and
financial planning to credit management
and investments - so there's a good chance
you'll find a job that suits you. Could be all
about the money?
FINANCIAL ADVISER
Providing specialist advice on how clients
should invest their money, financial
advisers research the market and
recommend the products and services
that are most appropriate for their client.
You can specialise in specific products like
pensions, or offer advice on mortgages,
investments or pensions to private clients.
Others offer general advice on all aspects
of finance. The job involves finding clients,
reviewing the financial circumstances
and aims of the client, analysing risk,
researching the marketplace and providing
information on what is available.
What qualifications do I need? You will
need a finance-based degree such as
accountancy or business management, and
professional finance qualifications as you
climb the ladder. You can go into this area
if you work in a bank and study part-time.
How much can I earn? Trainee advisers start
on £22,000 to £30,000, rising to £45,000
or more with experience and seniority.
Wealth managers or private client advisers
170 /// JOBS & CAREERS /// jobsandcareersmag.com

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Jobs and Careers Winter 2022/23

Table of Contents for the Digital Edition of Jobs and Careers Winter 2022/23

Jobs and Careers Winter 2022/23 - Cover
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