More than half of advisers are worried about their profitability over the next 12 months despite most expecting income growth, according to the latest Aviva Barometer.
The regular survey examining adviser sentiment in the UK market - which questioned 982 advisers across the UK - is the first Aviva has conducted since the Retail Distribution Review was implemented. A considerable number of advisers said they had concerns around retaining a profit over the next 12 months, according to the research. More than half (52%) cited this as an issue, compared with 44% in October 2012 when the last Barometer was conducted. Issues that have contributed to these concerns include paying for regulatory fees and professional indemnity insurance (44% and 42% respec...
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