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New Employer Seeking Detailed Financial Info

NewbieNewbie Member
edited July 2019 in Job Board

Hi All,

I've just accepted an entry level position with a financial planning firm in the Middle East. They've sent over the on-boarding documentation, and they're asking for my current holdings in my current account, savings account, basically asking to list my assets and my liabilities. However, I'm also being asked to provide account numbers for each asset/liability, is this normal? I understand working in the financial industry, employer's being keen to ensure you're financial stable but why would they require my savings account or pension account numbers for example?

Just curious and wanted to gain more understanding as this will be my first move into the financial planning industry.

Thanks!

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Comments

  • ruthiebusybeeruthiebusybee Member

    I've only just seen this, but would say absolutely not. Definitely not standard or necessary on any level in the UK. The FCA have some screening questions for CF30 positions, but you wouldn't expect it for entry level. IMO.

    Ruth Baker

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