Financial Planning Week: Industry myths that need to be busted

Financial Planning Week has started and runs until 28 January

Isabel Baxter
clock • 7 min read

With Financial Planning Week taking place from 22 to 28 January, Professional Adviser explores what myths about the advice industry need to be ‘busted’…

This year, the Chartered Institute for Securities & Investment (CISI) has chosen busting myths around financial planning and encouraging conversation around finances as the themes for 2024 Financial Planning Week. Research conducted in 2023 by the CISI and the Financial Planning Standards Board showed that those seeing a financial planner/adviser report a better quality of life (70% advised vs 66% unadvised), financial confidence (79% advised vs 69% unadvised) and financial satisfaction (81% advised vs 76% unadvised). It also found that almost two in five of those seeing a financial p...

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

FOS pushes ahead with CMCs complaint fee proposals

FOS pushes ahead with CMCs complaint fee proposals

Ombudsman writes to the Financial Conduct Authority

Isabel Baxter
clock 21 November 2024 • 2 min read
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