Four things you should know about advising the millennial generation

How financially resilient are young people?

clock • 4 min read

Sophie Robson considers the main findings from a CISI/MRM-organised event on young people's financial resilience - and the implications for advisers looking to serve the younger generation

As a group that has spent much of its formative years in the shadow of austerity, the younger generation has been shaped and influenced by the fallout from the great financial crisis. Many face pressures their parents' generation largely avoided - and indeed still face the consequences of the economic slowdown today, with uncertain job prospects, low wages and difficulties getting on the housing ladder. An event, organised this week by the Chartered Institute for Securities & Investment (CISI) and financial services consultancy MRM, took an in-depth look at young people and financial res...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Adviser tips

Partner insight: Client needs, investment process and principles: What comes first?

Partner insight: Client needs, investment process and principles: What comes first?

As advisers shift to a solutions-based approach, how can they ensure they continue to place customer needs first?

Ken Scott, head of investment solutions at Royal London
clock 03 September 2024 • 2 min read
Editor's view: A cause for celebration

Editor's view: A cause for celebration

The editor's Friday Night Takeaway from 19 July

Jen Frost
clock 19 July 2024 • 2 min read
Editor's View: A fond farewell and a thank you from me to you

Editor's View: A fond farewell and a thank you from me to you

The editor's Friday Night Takeaway from 12 July

Hope Coumbe
clock 12 July 2024 • 2 min read