How can we attract the younger generation?

The financial services industry is crucial to the UK economy. The sector currently employs over 2 million people: equivalent to 7 per cent of the working population. Whilst the sector is believed to have lost approximately 10,000 jobs in the last quarter, this downturn is expected to be short lived. In fact, employers’ body, the CBI, has forecast a slight improvement in employment prospects in the next quarter.

Over recent years the sector has seen its fair share of challenges and issues, which have resulted in some resistance from people wanting to join the industry. However, recent changes to the oversight of financial services – including the introduction of a new regulatory body in the Financial Conduct Authority – means that those in the industry can now start to look forward.

The sector will continue to attract high calibre applicants of all ages, whether graduates, school leavers or people looking for a second time career. We have certainly seen this with the broad intake of students into The Financial Adviser School, whose ages range from 18 to 55.

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About dbda
dbda is a corporate social responsibility consultancy embracing education and safety in the community. We are privileged to work with a large number of blue chip corporate clients, Government organisations, charitable bodies, Institutes and local authorities. We also have a network of schools, professional bodies, associations, universities and partners, with whom we regularly work in collaboration.

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