Finance and investment analysts and advisers

£47,971

Average salary

Average annual salary UK 2020 | Annual Survey of Hours and Earnings

35 hours

Average weekly hours

Average weekly hours UK 2019 | Annual Survey of Hours and Earnings

1.71%

Unemployment rate

Unemployment rate UK 2020 | Labour Force Survey

Definition: Finance and investment analysts and advisers

*SOC Code (Standard Occupational Classification): 3534

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.

Common tasks include:

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.

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.

*Introduced in 1990, SOC is a multi-purpose common classification of occupations in UK. Jobs are defined in terms of skill level and skill content, including qualifications, training and work experience.

Employment status: Finance and investment analysts and advisers

Regional employment: Finance and investment analysts and advisers

Future employment: Finance and investment analysts and advisers

Top 12 industries: Finance and investment analysts and advisers

Alternative & related job titles: Finance and investment analysts and advisers

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Equality focus: Finance and investment analysts and advisers

Breaking down the official government big data sources by gender, age and region. Hours and pay data based on full time equlivalent roles.