Financial services graduate intake to drop

clock

Almost 60% of financial service firms plan to reduce graduate recruitment, according to new research.

A survey by the Securities & Investment Institute (SII) shows 57% of financial service players are reducing graduate recruitment compared with last year. A further 14% say the number of graduates being taken on by their firms is slightly down. However, the survey shows that despite the sector tightening its belt due to the continuing difficult market conditions. it is not all doom and gloom for graduates' job prospects. Just under 20% of respondents say the level of recruitment is unchanged while 11% say their companies are hiring more graduates. Of those, 8% responded recruitment i...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

News editor's view: Let's give it up for the small advice firms

News editor's view: Let's give it up for the small advice firms

The news editor's Friday Night Takeaway from 22 May

Isabel Baxter
clock 22 May 2026 • 4 min read
Women more likely to seek professional financial advice – research

Women more likely to seek professional financial advice – research

Twenty percent of women likely to seek advice

Sophia Panayi
clock 22 May 2026 • 2 min read
The expectation gap: Why suitable advice can still fail the client

The expectation gap: Why suitable advice can still fail the client

'The industry is moving from suitability, to understanding and now to expectation management'

Elly Dowding and Lee Coates
clock 22 May 2026 • 4 min read