'Lack of pathways' for aspiring advisers amplified by pandemic

Switching firms

clock • 4 min read

Claire Tyrrell speaks to a senior paraplanner who moved firms during the pandemic to step into financial advice. He says finding a firm willing to train up would-be advisers was an even greater challenge during Covid-19...

Justin Bennett, 37, switched from insurance firm Gallagher's advice arm to independent wealth planners firm Murdoch Asset Management in April this year, after an option to become a Gallagher adviser fell through. "When I was at Gallagher they were going to offer that role - I was geared up for it and worked hard and put myself in the position for when one of those roles would be available for me, but they took that away because they decided to restructure the business," he explains. Bennett adds that he searched extensively for a job as a trainee adviser after his decision to leave Ga...

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

More than a third of advisers have not mentioned Consumer Duty to clients

More than a third of advisers have not mentioned Consumer Duty to clients

Only about a quarter of advisers have mentioned the regulation to clients

Sahar Nazir
clock 20 November 2024 • 2 min read
ISA reform 'under review' after absence in Budget and Mansion House

ISA reform 'under review' after absence in Budget and Mansion House

There are five different types of ISAs available on the market

Cristian Angeloni
clock 20 November 2024 • 3 min read
Half of industry rejects shift to four-day work week

Half of industry rejects shift to four-day work week

50% said a four-day work week would not work for them

Sahar Nazir
clock 20 November 2024 • 2 min read