Financial planners in the UK have seen their total earnings rise for the sixth consecutive year, with more than half (52%) now earning over £110,000 annually, a leap from 37% in 2023, according to Paul Harper Search’s Financial Planning: Fascinating Facts and Figures report.
Women financial planners outpaced their male counterparts in total earnings, averaging £115,955 compared to £107,714 for men, marking the second consecutive year for growth. This represented a 52% increase in women's total pay since 2021, compared to a 14% rise for men over the same period. However, the report found that women still trail in basic salaries, earning £72,738 on average compared to £78,738 for men. After narrowing the pay gap in previous years, the disparity widened in 2024, with women now earning 9% less in basic salary than men. Total earnings have increased with th...
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