The Financial Services Institute of Australasia (Finsia) is stepping up efforts to attract new talent to the financial services industry. It intends to distribute a DVD across secondary schools and tertiary institutions featuring a day in the life of several young financial services sector workers.

It has also launched a career portal on its website.

Finsia CEO Martin Fahy says research by Roy Morgan shows people working in the financial services sector aged under 30 has decreased by 6% in the past 10 years while those aged over 60 has grown by 3%.

“Australia’s competitive advantage in global financial markets will increasingly depend on our capacity to maintain a skilled pool of professionals,” he said. “It’s critical that we are constantly planning and recruiting for the future of the industry.”