Annual Salary
£20,000 to £28,000
Average UK salary in 2023 was £34,963
(source Office for National Statistics)
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Money advisers help people whose debts have become too large or difficult for them to handle.
Average UK salary in 2023 was £34,963
(source Office for National Statistics)
You could work: evenings / weekends; flexibly
There will be
4% more Money adviser jobs in 2027.
As part of your day-to-day duties you may:
You could work at a client's business, at a client's home or in a court.
You can get into this job through:
You could do a debt adviser intermediate apprenticeship.
This typically takes 18 months to complete as a mix of learning in the workplace and off-the-job study.
A common way into this career is to volunteer in an advice centre. You'll often start by giving general advice, then get special training in money advice once you have more experience.
It usually takes at least a year to get enough experience and knowledge to apply for paid work as a money adviser.
You can search for volunteering opportunities through organisations like:
It may be possible to apply directly to employers if you have some of the relevant skills and knowledge required for this role. It will be useful to have experience in other areas like:
Employers may not ask for qualifications as your experience would be the most important thing. You will need a reasonable standard of English and maths.
Your employer may ask you to do additional specialist training.
You can do a Level 3 Certificate and Diploma in Money and Debt Advice through the Chartered Institute of Credit Management.
For some jobs, it may be an advantage if you speak a minority community language.
You may find it useful to join organisations like the Institute of Money Advisers, for professional recognition, training opportunities and to make industry contacts.
With experience you could become a specialist caseworker, or be promoted to a team leader or management post.
You could move into training other money advice workers.
You'll need: