News editor's view: 40s are the new 50s - a move in the right direction? 

The news editor's Friday Night Takeaway from 1 May

Isabel Baxter
clock • 3 min read

The Financial Conduct Authority recently confirmed that the average adviser age has decreased to late 40s, around a decade younger than it previously stood at.

The Financial Conduct Authority recently confirmed that the average adviser age has decreased to late 40s, around a decade younger than it previously stood at. For me, this is certainly something to be celebrated and is a sign that the advice profession is moving in the right direction. There has been growth in the number of advisers in their 30s overall, with a 12% increase in advisers aged 30-39 seen in the data the regulator holds on financial advisers, spanning 2023 to 2025. This means that 50% of advisers are aged under 50. Meanwhile, despite the average age falling, advise...

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