finance

A Guide to Working in Finance in the UK

January 21, 2020 by Tim McMahon

Finding your ideal job in the world of finance can be a challenge. To put this into perspective, in 2018 alone, there were a reported 1.1 million individuals employed in the UK’s financial sector.

With so much competition, it can be difficult to know where to begin in your search for the right job in finance. Furthermore, the financial sector is so diverse that you might not know what sort of position you would like to work in.

Here is a brief guide to help you learn a little bit more about the world of finance so that you can understand exactly where you might fit in.

The Key Areas of Finance

There are a lot of options to look into when trying to figure out what area of finance you’d like to work in. A few of the more popular areas are: [Read more…] about A Guide to Working in Finance in the UK

5 Career Choices That Can Lead to Financial Stability

March 19, 2018 by Tim McMahon

When looking for a career to pursue, finding one that can provide you with a comfortable living should at least be part of your consideration. For those that are looking for a job that pays well, here are five different career choices and paths that could help you achieve financial stability.

Medical Field

While the medical field has been impacted by changes in the insurance agency and a variety of other factors, it still provides great earning potential. For those that are willing to put in the work that comes with medical school and residency, becoming a physician or surgeon can be a great option. Physicians routinely earn over $200,000 per year and surgeons earn well over $300,000 per year. Other healthcare occupations that you might consider are: Athletic Trainers $45,630/yr and only require a Bachelor’s Degree. Dental Hygienists $72,910/yr Associates Degree, Diagnostic Medical Sonographers $64,280/yr. Associates Degree, Dietitians and Nutritionists $58,920/yr. Bachelor’s degree, Occupational Therapists $81,910/yr. Master’s degree. See the Bureau of Labor Statistics full list of Medical/Healthcare Professions.

Accounting

Another career path that could provide you with [Read more…] about 5 Career Choices That Can Lead to Financial Stability

A Head for Figures: Working in the Financial Industry

October 15, 2013 by Guest Contributor

When you’re at school there are some lessons you love, and some that you detest. A lot of people can’t wait for PE so they can get out of the classroom and have a run-around, while others may look forward to the days when they can experiment with blowing things up in Chemistry class. Math, however, is one of those lessons that goes either way – you either really enjoy complex equations, or you hate them and you’d rather be doing ANYTHING else.

There are a variety of careers that require all types of math from theoretical math to applied math to simple arithmetic. The finance industry generally requires “applied math” rather than more complex theoretical math or even Calculus. The major exceptions would be Actuaries, Economists, and Statisticians which might require higher levels of math.

Actuaries

Actuaries analyze the financial costs of risk and uncertainty. They use mathematics, statistics, and financial theory to assess the risk that an event will occur and to help businesses (generally insurance companies) develop policies that minimize the cost of that risk. The employment of actuaries in the insurance industry is expected to grow by [Read more…] about A Head for Figures: Working in the Financial Industry

What Does An Independent Financial Advisor Do?

September 15, 2012 by Ceri.Thomas

Independent Financial Advisor-

Most people dealing with their finances can at times seem overwhelming. From planning for retirement to choosing how to invest their money, to selecting an appropriate mortgage for their home, navigating through the array of options is daunting. To help guide them through these difficult but highly important decisions they need a professional. And that is where an Independent Financial Advisor comes in.

The role of an Independent Financial Advisor is to help individuals and families to manage their finances so as to meet their goals. One of the most important points is that this is a collaborative process between the client and the financial advisor. The advisor will consult and discuss with the clients how that they can best meet their objectives given their financial situation.

An Independent Financial Advisor will give advice about some or all of the following:

Retirement Planning
Tax Planning
Estate Planning
Funding Education
Investment Planning
Debt Reduction
Budgeting
Business Succession Planning

When the independent financial advisor is either unqualified or does not have sufficient background on a particular topic, such as tax law, they will typically be able to refer you to someone who can discuss this area. [Read more…] about What Does An Independent Financial Advisor Do?