Recruitment of Risk-Focused Advisers in 2012

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Our latest poll considers two recent conflicting pieces of research, as we ask:

Is your advice practice most likely to recruit additional risk-focused advisers in 2012?

Research published this week by Zurich suggests risk-focussed advisers are generally positive and optimistic about their prospects in 2012 (see: Risk Advisers Optimistic About 2012).  This general optimism takes into account market conditions as well as Future of Financial Advice (FoFA) related issues.

On the other hand, a recent survey from eFinancialCareers says that only around 3% of advice practices are most likely to be hiring one or more risk-focused advisers (ahead of other occupations) during this year.  While this was only one component within a broader survey, it does appear to be at odds with Zurich’s findings of the generally positive outlook for 2012 held by risk advisers themselves.

Other points of view suggest the implementation of FoFA will lead to significant job losses within the broader financial services sector (see: Industry Debates Extent of FoFA Job Losses), which must, if this eventuates, have a serious impact on the recruitment prospects for risk-focused advisers.

Within these potentially conflicting messages and opinions, we’re keen to find out where your own practice is actually positioned on this question.

Is your own firm most likely to recruit more risk-focused advisers this year, taking into account all the economic, social and regulatory factors impacting your business?  Or will you be either maintaining your current ratio or more likely to recruit in other areas in 2012?

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