Military personnel set to fuel growth within the financial services sector

As austerity measures continue to take their toll on the UK’s military in 2014, with a further 1,400 job cuts still to be announced, on a more positive note, many service personnel could look to forge new careers within the financial services sector.
Wed, 29 Jan 2014As austerity measures continue to take their toll on the UK’s military in 2014, with a further 1,400 job cuts still to be announced, on a more positive note, many service personnel could look to forge new careers within the financial services sector.

Financial advisory organisation Lighthouse Group believes that with servicemen and women likely to be evaluating their post military job prospects, the New Year is the perfect time for personnel to embark on a new career in the financial services sector.

Malcolm Streatfield, Lighthouse Group chief executive officer, says: “It’s no secret that the armed forces redundancy scheme is to continue to affect military personnel in 2014. There are to be a further 1,400 redundancies this year, to add to the 4,500 that were announced in June last year.”

Lighthouse Group professional financial adviser Andy Stafford-Smith started his career in the financial services sector in 1995 after 20 years service in the armed forces.

Stafford-Smith says: “Having left the RAF after 20 years, I needed to find a career that maximised my drive, discipline, ambition and problem-solving skills. These are the kind of key characteristics held by many in the military and the financial services sector really allows you to utilise these abilities.”

CONTRACTS & DEALS: 15-19 APRIL 2024

This week’s new contracts & deals include: Oleeo, Randstad, Sirona Medical, Workday

Contracts 15 April 2024

MSP firm Abacus Group welcomes D’Ambrosi on board as new CEO

Abacus Group, a managed services provider to alternative investment firms, has appointed Anthony J D’Ambrosi as its new CEO.

People 11 April 2024

IPS faces £900k penalty for failing to co-operate with HMRC

A tax avoidance promoter whose schemes were used by locum doctors and nurses faces a £900k penalty for failing to co-operate with HM Revenue & Customs, the tax authority announced today [22 March 2024].

Legislation 22 March 2024

NHS partnership collaborates with specialist recruiter to reduce locum GPs

A new partnership aims to bring 1,000 senior doctors for the NHS to help the shortfall across the UK.

Contracts 13 March 2024
Top