The proportion of advisers intending to leave the industry ahead of Retail Distribution Review (RDR) implementation appears to be levelling out, a survey has suggested.
Aviva's June Adviser Barometer found just 3.4% of advisers questioned were thinking of leaving the industry ahead of 1 January 2013, the same percentage as seen in the company's March survey. The figure, calculated from online interviews with 355 advisers, is in stark contrast to the 37% who suggested they would leave when asked in January 2009. Although he pointed some of these advisers may have already left in the industry in the intervening period, Andy Beswick, intermediary director at Aviva, said it was still positive news for consumers. "We haven't yet seen advisers exit the ...
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