The Financial Planning & Mortgages Salary Guide 2022

Welcome To Our Official 2022 Salary Survey

Click here to download

Have you ever wondered if you’re paying your employees the right salaries? Or perhaps you're a professional wondering?if you’re getting paid enough for your expertise?

With our definitive 2022 Salary Survey, you can review where you or your company stand in the financial planning and mortgage profession. The latest Recruit UK Salary Survey includes comprehensive industry stats and insights that will give you exclusive guidance when it comes to your, or your employee's salaries. Enabling you to make the best decisions and stay on top within a highly competitive market.

2021 saw a raft of financial companies having to adapt their business, working practices and staff requirements – fast. And for an industry often criticised for its struggle to move ahead with the pace of change the financial services sector has adapted better than most. Financial planning firms have grown to understand the advantages of upgrading their technology, incorporating remote working, and enhancing their benefits packages. Candidates have equally been empowered to better consider their work/life balance.

But it’s not only work practices that have seen a shift. Financial advisory firms are increasingly noticing the value of admin and paraplanner roles within their organisations. Not only are firms actively encouraging paraplanners to step up into more positions of influence, but also senior administrators are viewed as future paraplanners in the making.

Greater acceptance of remote working has led to firms taking on candidates from further afield. But we’ve also noticed more counteroffers, enhancing the trend of higher salaries for certain roles, and resulting in less movement between firms. However, this also indicates that for many companies who aren’t keeping up with a shift in salary bands, candidates could look elsewhere as they better understand their value across the wider UK market.

The introduction of additional technological advancements is also forcing the modern workplace to adapt. As recruiters, we’re noticing changes in recruiting expectations and the rise of AI-powered hiring also continues to disrupt the industry. In our view, it’s about finding the right balance between digital and traditional personal connections that helps to attract candidates with maximum potential. It’s what has enabled us to improve the quality of hires and time to hire, year after year

The Recruit UK Financial Salary Guide has been put together to give you a better understanding of where you fit in the financial planning industry. We provide our views on current recruitment trends and market developments, derived from our deep experience of working with and talking to financial planners, paraplanners and financial planning firms daily. We also draw exclusive insight from the many individuals whom we have interviewed in our Financial Planner Life podcast.

Our in-depth market research has enabled us to develop salary ranges for the key areas in financial planning, not just for the UK as a whole, but also on a regional basis. More than ever, this should help you get a stronger grasp of your positioning in the UK pay structure and potentially where you need to be if you are looking for a salary boost.

Are you a firm looking to develop your talent strategy over 2022? This finance salary guide will give you the benchmark you need.

Click here to download the guide