Finance and investment analysts and advisers

£43,680

Average Annual Pay

Annual Survey of Hours and Earning 2017

37

Average Weekly Hours

Annual Survey of Hours and Earning 2015

1.47%

Unemployment Rate

Labour Force Survey 2018

Future employment projections (Working Futures UK)

Description

Job holders in this unit group advise customers, who may be individuals, companies or specialist groups, on the purchase of investments, insurance, mortgages, pensions and other financial services and products.

Qualifications

There are no formal academic requirements although entrants usually possess GCSEs/S grades and a degree in a relevant subject is sometimes required. Training may be undertaken in-house or entrants may attend courses run by professional institutions. Registration with a regulatory authority is required in some positions.

Typical tasks

  • predicts the likely long- and short-term future performance of securities and other financial products and advises upon what will be an appropriate investment for their clients;
  • analyses the financial position of clients, taking into account outgoings, dependants and commitments;
  • advises on the relative merits of pension schemes, insurance policies and mortgages that best meet the needs of clients given their personal circumstances;
  • monitors information on the socio-economic environment and interprets the implications of such information for their clients;
  • prepares summary reports of findings for fund managers;
  • keeps up to date with financial products, legislation and requirements for compliance with the relevant regulatory authority;
  • identifies and attracts new clients by arranging visits and explaining the benefits of financial products.

Common job titles

Analyst, financial
Consultant, pensions
Executive, account (insurance)
Consultant, investment
Analyst, actions, corporate (bank)
Arranger, mortgage
Financier
Adviser, financial
Consultant, planning, financial
Interviewer (building society)
Adviser, pension
Adviser, investment
Consultant, insurance
Analyst, risk, credit
Consultant (financial services)
Consultant, technical (insurance)
Adviser, technical (insurance)
Consultant, banking
Agent, mortgage
Associate, sales (insurance)
Consultant, technical, pensions
Adviser, services, financial
Manager, pensions
Paraplanner
Consultant, pension
Planner, financial
Analyst, pricing
Adviser, pensions
Agent, money
Interviewer (bank)
Associate (financial services)
Officer, planning, financial
Officer, schemes (insurance)
Agent, financial
Adviser, planning, financial
Analyst, credit
Consultant, care, health (insurance)
Consultant, financial
Consultant, services, financial
Adviser, mortgage
Analyst, finance
Counsellor, investment
Investor, private
Analyst (financial services)
Analyst, investment
Consultant, benefit, employee
Officer, investment (banking)
Officer, investment (finance)
Consultant, mortgage
Adviser, loans, financial
Capitalist, venture
Inspector, pensions
Associate, finance
Analyst, collateral
Associate, insurance

Education background

Destination of Leavers survey, supplied by the Higher Education Statistics.