Almost half (43%) of advisers are struggling to find motivation while 40% also say they have greater levels of anxiety, according to Embark Group.
The platform's investor confidence barometer found 70% of advisers surveyed who said they experienced mental health pressures agreed that rising business costs were a contributing factor. Embark said this was followed by increased client expectations (65%), increased workloads (64%), frequent ad hoc changes to tax and savings policy (63%), and regulatory burden (62%). Intermediary distribution director Ranila Ravi-Burslem commented: "People's awareness of mental health and their willingness to discuss it has grown immeasurably in recent years. We know from our engagement with advice ...
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