Industry feels a lack of support from professional bodies

‘The professional bodies do not fight our corner’

Isabel Baxter
clock • 3 min read

Most of the industry feels that it does not get enough support from professional bodies, according to a Professional Adviser poll.

Our most recent PA Asks results showed that out of 41 respondents, 68.3% said they do not feel supported, while 14.6% said they do and 17.1% said they do not know. One pundit said that the advice industry did a "very important and vital job often undervalued" and should be defended more. Another respondent stated that communication is "too fragmented and poorly resourced" at the Personal Finance Society (PFS). With a new government at the helm, "now is the time for the professional bodies to take the initiative and challenge any preconceived ideas," added another pundit. Not pus...

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

Robo advice 2.0 (or how to resist the temptation of a marshmallow)

Robo advice 2.0 (or how to resist the temptation of a marshmallow)

'Timely financial advice changes lives'

Roger Brosch
clock 17 October 2024 • 4 min read
In view: Plotting PFS change

In view: Plotting PFS change

From first operating loss since 2008 to sponsorship, board and revenue changes

Jen Frost
clock 17 October 2024 • 6 min read
AJ Bell platform AUA up 22% in 12 months to £86.5bn

AJ Bell platform AUA up 22% in 12 months to £86.5bn

Advised client number increased by 12,000 to 171,000

Jenna Brown
clock 17 October 2024 • 2 min read