The early years of a career in pensions can be demanding, but they are bolstered by excellent pay packages and a fostering mentality from senior staff. Salaries compare favourably to other areas of finance, and can reach into the high six figures. Take a look at the table below showing the salary progression of pensions by experience.
Pensions | |||||
---|---|---|---|---|---|
Junior (0-2 years) | Part Qualified | Nearly/Newly Qualified | Qualified | Senior Qualified | |
London | £28,000 – £36,000 | £36,000 – £48,000 | £48,000 – £65,000 | £65,000 – £80,000 | £80,000+ |
South East | £25,000 – £34,000 | £34,000 – £46,000 | £46,000 – £62,000 | £62,000 – £80,000 | £80,000+ |
South West | £22,000 – £33,000 | £33,000 – £44,000 | £44,000 – £60,000 | £58,000 – £75,000 | £75,000+ |
Midlands | £22,000 – £33,000 | £33,000 – £44,000 | £44,000 – £58,000 | £58,000 – £75,000 | £75,000+ |
North | £22,000 – £33,000 | £33,000 – £44,000 | £44,000 – £58,000 | £58,000 – £75,000 | £75,000+ |
Scotland | £22,000 – £33,000 | £33,000 – £44,000 | £44,000 – £58,000 | £58,000 – £75,000 | £75,000+ |
Source: Goodman Masson, Goodman Masson Salary Guide 2014