Could advisers and planners cope with a four day work week?

A look at formalising a set-up away from the traditional five day week 

clock • 4 min read

Could all weeks be a bit more restful if we only worked four days? The answer, it seems, is a resounding yes, writes Justin Cash, with little impact on productivity.

Positive results keep pouring in from a major trial where businesses across the economy are working in a radical new way. The basic idea is that you do 80% of the hours. But to get 100% of the pay, you have to do 100% of the work. It got me thinking: what is 100% of the work of an adviser? And could IFAs learn a thing or two from this reduced-hours trial? Advice firms, particularly newer ones, may well set aspirational targets in terms of client numbers, assets, or revenue. But key performance indicators on adviser output do not work like they do in, say, a manufacturing busines...

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