Regulation and recruitment biggest threats to IFAs

clock

Regulation, recruitment and a lack of trust are the most serious threats to the IFA market, claims new research from Aegon.

In the first of its quarterly “IFA Insights Survey” - ahead of the Financial Services Authority’s (FSA) review of retail distribution - Aegon reveals 88% of advisers see the burden of regulation as the most serious threat to the future of the IFA, while 79% see the recruitment of the right calibre of people into the industry as a serious issue. The survey of 100 IFAs, carried out by Populus on behalf of Aegon, reveals a lack of public trust in the industry only comes in third with 72%, while less than half rated the internet as a threat, and the possibility of being left behind technologi...

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 Your profession

Low number of FTSE 100 female CEOs 'just not good enough' - Andrea Montague

Low number of FTSE 100 female CEOs 'just not good enough' - Andrea Montague

Senior leadership in financial services is attainable for women

Jenna Brown
clock 23 April 2025 • 3 min read
IFAs must show empathy not judgement during tough client life events

IFAs must show empathy not judgement during tough client life events

Financial implications of life events and what women need to consider

Jenna Brown
clock 23 April 2025 • 4 min read
HL co-founder Peter Hargreaves to rejoin board after £5.4bn takeover

HL co-founder Peter Hargreaves to rejoin board after £5.4bn takeover

Co-founded platform in 1981

Linus Uhlig
clock 22 April 2025 • 1 min read