Financial services sales professionals 'should try training'

Those working in sales jobs in the financial services sector should invest in training in the difficult economic climate in order to get the maximum benefit when the upturn arrives, it has been claimed.

Research carried out by the Chartered Insurance Institute indicates just two per cent of employees in the industry have been made redundant since the beginning of the current downturn.

Daniel Pedley, public affairs manager for the group, commented that 70 per cent of employers in the sector need to hire staff and are faced with skills shortages.

He added: "We would certainly advocate not cutting training in times like this. We believe that investing in training now, during a downturn, will help you come up in a better position when the recovery comes."

The study also found that insurance and financial services firms are concerned about the basic skills of new recruits as they leave school or university, with 90 per cent of companies admitting the issue has been discussed at board level over the year to 2009.

As a recruitment provider to many of the UK’s major banks, mortgage lenders and building societies Aaron Wallis have a deserved reputation within Financial Services recruitment. Their dedicated FS consultants recruit sales professionals across Retail Banking and Financial Services including IFA's and Mortgage Broking.

Filed: 27-05-2009