Advisers 'facing client demographic timebomb'

A CoreData survey of 1,260 advisers found the demographics of the market were amongst the biggest worries for advisers. Optimism amongst IFAs is generally was improving, the research group said. The rate of industry departures is slowing, with 9.6% of advisers expecting to be gone within five years, down from 14% in 2011. Three-quarters of advisers will continue to offer full independent advice after RDR is implemented. That means advisers may not be in as short supply post-RDR as widely suspected, although the same may not be said for their client base, Craig Phillips, head of res...