Financial Sector Is A Boom Industry
June 27, 2008
When working in the financial industry, there is always the matter of regulation and compliance to keep up with. Most areas of the financial sector are governed by the FSA (Financial Services Authority) and if you wish to work in the financial sector, especially in an advisory capacity, such as working as a mortgage advisor or financial advisor, then there are legal requirements about the qualifications you must hold.
Mortgage advisors in the UK must have a particular level of qualification and 80 per cent of mortgage advisors hold the CeMAP qualification (Certificate of Mortgage Advice Practice). Financial advisors must hold their CeFA qualification (Certificate in Financial Advice).
At times like these with property prices fairly stagnant and mortgages becoming more difficult to attain, you might think the financial sector is suffering but apparently not so. This seems to be because when times are good, people want to spend or invest and so demand for mortgage advisors and financial advisors are high. When times are bad, people need to make the most of what they have, so again, they need mortgage advisors and financial advisors.
Beacon Financial Training is a specialist financial training company, who run CeMAP training courses in Manchester, Leeds, London, Liverpool, Birmingham and more. Indeed, they are overrun and are adding more locations all the time. They also run CeMAP training in Scotland and are currently the only national training company to offer CeMAP courses tailored specifically for Scottish Law - an important factor if you want to train to work as a mortgage advisor in Scotland.
They also offer Equity Release training (a specialist branch of mortgage advice), will writing and now CeFA courses too for delegates who wish to become a financial advisor. They work for several national mortgage companies, who outsource all their training to them.
It certainly seems that all factors point towards the financial sector being a real boom industry and seemingly recession-proof.
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