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Is the profession in trouble as young adviser numbers fall?

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Manage episode 406540285 series 2558907
Content provided by Damian Fantato. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Damian Fantato or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A recent Freedom of Information request by FT Adviser revealed the number of firms authorised to provide retail investment advice has fallen from 6,240 in August 2022 to 5,805 as at February 2024.

Taking a closer look at the adviser numbers, FT Adviser found the number of young advisers has diminished in the past 18 months while the number of older advisers has grown. So what does this mean for the advice profession?

FT Adviser news editor Amy Austin is joined by Keith Richards, CEO of the Consumer Duty Alliance and Mark Ormston, director of propositions and corporate partnerships at Retirement Line, to find out.

The FT Adviser Podcast is the podcast for financial advisers, brought to you by FT Adviser. Each week, we are joined by guests from the industry to discuss the week in news and pressing industry issues.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

373 episodes

Artwork
iconShare
 
Manage episode 406540285 series 2558907
Content provided by Damian Fantato. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Damian Fantato or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A recent Freedom of Information request by FT Adviser revealed the number of firms authorised to provide retail investment advice has fallen from 6,240 in August 2022 to 5,805 as at February 2024.

Taking a closer look at the adviser numbers, FT Adviser found the number of young advisers has diminished in the past 18 months while the number of older advisers has grown. So what does this mean for the advice profession?

FT Adviser news editor Amy Austin is joined by Keith Richards, CEO of the Consumer Duty Alliance and Mark Ormston, director of propositions and corporate partnerships at Retirement Line, to find out.

The FT Adviser Podcast is the podcast for financial advisers, brought to you by FT Adviser. Each week, we are joined by guests from the industry to discuss the week in news and pressing industry issues.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

373 episodes

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