Demand and regulation 'forcing advisers to work longer'

42-hour week on average

Hannah Godfrey
clock • 2 min read

More advisers are working longer hours this year as a result of increased compliance and regulatory requirements and business growth, a study by Prudential has found.

Research from the group found two-in-five (39%) advisers have been working longer hours this year compared to a quarter (27%) of those who said this was the case when surveyed last year. One-third (32%) of the 101 advisers quizzed for this year's research said their hours were longer due to compliance, while one-quarter (26%) said regulatory requirements meant client meetings had to last longer. Business growth was the main driver highlighted for the rise in working hours, however, with two-fifths (40%) of those working longer identifying this as the key reason. Previous research f...

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