Finance in focus: Planners bringing more pay home

by Adam Smith14 Nov 2015
Financial planners are a bit better off than last year, according to new salary figures.

New figures from SEEK Learning show the banking and financial services industry is in the top three industries for percentage growth in salaries. The industry on a whole saw an average 3% salary increase over the past financial year.

Financial planners beat the industry average, with a 5% increase in salary from FY14 to FY15. The average planner is now bringing home $85,465 per year.

Stockbrokers and traders saw the biggest percentage increase, with salaries growing 8% from FY14 to FY15. But they were still narrowly pipped by planners for average salary, with stockbrokers bringing home an average $85,125 per annum.

Unsurprisingly, the upper echelons of management saw the heartiest salaries, with management, compliance & risk, corporate finance & investment banking and corporate & institutional and business banking bringing in more than six figures.

The credit industry saw the only decline in salary, falling 2% to an average $75,209.