Advisers optimistic profession numbers will increase - Pru

Aspire programme relaunched

Hannah Godfrey
clock • 2 min read

Advisers are increasingly optimistic the market for advice will continue to grow yet fear too little continues to be done to encourage new recruits to the profession, research from Prudential has found.

The group's nationwide study of 101 financial advisers found nearly two out of five (38%) expected the number of advisers in the profession to increase over the next year, representing a considerable change in expectations over the last 12 months. A similar survey last year found more than half (51%) of advisers predicting numbers across the profession would fall. Prudential suggested part of the reason for this turnaround was increased confidence in recommending financial advice as a career for new recruits - around 70% said they would urge others to start a career in advice. Even so...

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

Feel Good Friday: Hoxton Wealth launches 'online community' for aspiring financial planners

Feel Good Friday: Hoxton Wealth launches 'online community' for aspiring financial planners

Study support and access to industry events available

Professional Adviser
clock 03 January 2025 • 1 min read
Taking control: 2025 New Year's resolutions for advisers

Taking control: 2025 New Year's resolutions for advisers

'The trouble with resolutions is you’re supposed to keep them'

Brendan Llewellyn
clock 02 January 2025 • 3 min read
Canada Life to sell onshore bond business to insurance firm Chesnara

Canada Life to sell onshore bond business to insurance firm Chesnara

Strategic review prompts transfer as Chesnara expands life and pension portfolio

Sahar Nazir
clock 23 December 2024 • 1 min read