Advisors' use of technology growing

clock

OVER half the UK's financial advisers use technology more than six times in a typical working day, a survey of 150 IFAs has revealed.

Research showed that of the 57pc who relied on back office solutions most frequently, the majority were smaller firms. Meanwhile, the survey showed more than 90pc of advisers also looked for reliability and ease of use. The findings have prompted technology providers to reassess how they present products to IFAs. Microsoft, which commissioned the survey with 1st, said it was keen demonstrate the benefits of more advanced solutions and hoped to work with companies like 1st to boost education in this area. Steve Morrow, head of Microsoft’s independent software supplier group, sai...

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 Technology

AJ Bell launches mobile-first adviser platform to tackle advice gap

AJ Bell launches mobile-first adviser platform to tackle advice gap

AJ Bell Touch aims to offer secure advice delivery for lower-value clients

Sahar Nazir
clock 23 June 2025 • 2 min read
Most advisers ready to 'break up' with their CRM systems

Most advisers ready to 'break up' with their CRM systems

Adviser/ CRM system relationships ‘under serious strain’, Twenty7tec finds

Isabel Baxter
clock 17 June 2025 • 3 min read
'In the AI era, neurodivergence is more valuable than ever'

'In the AI era, neurodivergence is more valuable than ever'

'The design and training of AI systems inherently favour consistency and predictability'

Phillip Wickenden
clock 16 June 2025 • 5 min read