
1.3m want to retrain for finance sector jobs, research suggests

About 1,330,000 people want to quit their current jobs and retrain to get into the financial services sector.
That is according to a survey conducted by Consumer Intelligence for Pay4Later.
In total, it said the findings suggested 23% of the adult population – which would work out at 10.9 million people - planned to retrain so they can start a new job.
Of those that want to find a new career, 12% said they wanted to work in finance.
This was the third highest professional sector after healthcare (22%) and education (18%).
{desktop}{/desktop}{mobile}{/mobile}
Workers in London were the most likely to retrain over the next three years – around 38% of adults in the capital said they were looking to learn new skills.
However working adults in Wales were the least interested in retraining with just 16% saying they will do so over the next three years
The peak age group for retraining or starting new courses was 18 to 24-year-olds – around 48% said they will retrain to start a new job in a new industry. However 39% of 35 to 44-year-olds have also been considering retraining by 2018.
The research showed that on average they will spend £8,500 doing this. Just 14% of those who are planning to retrain said it wouldn't cost them anything.
Scott Law, chief executive of Pay4Later, said: "There are so many job opportunities open to people today, but often to realise their dreams they have to train and pass professional qualifications, which can come with a financial cost."
Workers in London look the most likely to retrain over the next three years – around 38% of adults in the capital said they were looking to learn new skills. However working adults in Wales were the least likely to retrain with just 16% saying they will do so over the next three years.