- New Financial Year Yields More Jobs
- FOS Appointment
- Clearview Board Resignations
- APRA Releases Stakeholder Survey Results
New Financial Year Yields More Jobs
Financial planner jobs were up 17% on the same period last year, according to eJobs Recruitment Specialists.
The latest eJobs’ Quarterly Financial Planning Market Commentary says the demand for financial planners is stronger this financial year. The study found that job ads for financial planners rose between June and July 2011. In contrast, job ads in the same period in the previous financial year decreased.
While nationally jobs increased by 4.4% from June to July 2011, there were decreases in the number of job ads in New South Wales and Western Australia. The largest increase in job numbers was experienced by the Queensland market, which grew by 44%.
FOS Appointment
The Financial Ombundsman Service (FOS) has announced the appointment of Shane Tregillis as Chief Ombudsman.
Mr Tregillis is currently employed as a Commissioner of the Australian Securities and Investments Commission (ASIC), and will commence with FOS on 12 September 2011.
The appointment was announced after the current Chief Ombudsman, Colin Neave, elected not to seek reappointment.
ClearView Board Resignations
The ClearView Wealth Limited Board of Directors has been reduced to seven, following two resignations last week.
Peter Wade and Michael Jefferies both resigned as directors of the company, with Mr Jefferies being appointed an alternate director to Anthony Eisen.
In July, ClearView Wealth Limited announced a change to its financial advice brand, as part of the group’s strategy to increase sales through its strategic partners.
APRA Releases Stakeholder Survey Results
The Australian Prudential Regulation Authority (APRA) has released the results of a survey conducted with its stakeholders.
The survey was issued to regulated institutions and industry representatives to assess the performance of the regulator.
Overall, respondents said they believed APRA has had a positive impact on the industry. The areas that were rated most highly included staff integrity and professionalism, and the communication of findings of supervisory visits to organisations.
At the other end of the scale, the majority of respondents did not agree that changes to APRA’s prudential framework consider the costs of regulation.
This is the second time the survey has been conducted. The first poll was completed in 2009.
