FSA confident as adviser gap fears resurface

Firms argue new minimum qualifications for advisers and capital requirements for firms, plus the rising average age of intermediaries, will harm the profession's appeal and make it less likely for management to invest in graduates. Additionally, research from Zurich suggests a staggering 85% of advisers believe the RDR will make it harder to attract new candidates. Less than one in ten say the proposals would make it easier. However, the FSA says improving the professional standing of advisers will draw "new high quality entrants" to the industry. Zurich says its research is indicativ...