Future of IFA industry rests on ability to recruit and retain staff
A study by Canada Life has revealed
AKG
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25% of Brits would not take financial advice even if it was free
As nearly half of UK adults have not seen an IFA
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Clients withdrawing funds to plug financial shortfall, advisers say
Amid the cost of living crisis advisers are seeing significant changes in their clients’ behaviours
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Just 17% of Brits believe finance industry is supportive on vulnerability
Advisers say they need more help from providers on this issue
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24% of Brits over 50 have delayed retirement plans
Advisers are adapting processes and propositions to help clients cope with the cost-of-living-crisis
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Advice firms told to ‘get creative’ to attract younger clients
As they prepare to future-proof their businesses