Fresh Blood: Is there enough new talent entering the industry?

NEXT GENERATION

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A recent survey highlighted adviser concerns over the next generation of advisers. Is enough being done to find them?

The Personal Finance Society's (PFS) seventh annual survey revealed an alarming consensus that a dwindling supply of new talent stands to undermine the future of the profession. The survey offered up an 'amber warning' on the future for financial advice, the PFS said, warning the situation will only worsen as advisory firms increasingly find themselves competing to secure new hires from a diminishing talent pool. Most respondents to a PFS poll (63%) were unconvinced that the UK's education system is adequately preparing school leavers for a career in the advice profession. PFS pres...

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