Adviser exits over Covid-19 could dwarf RDR figures - CoreData

Fifth of advisers predict mass-exodus

Jenna Brown
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Surveyed advisers also predicted a "fundamental reshaping" of the advice market due to the pandemic - CoreData
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Surveyed advisers also predicted a "fundamental reshaping" of the advice market due to the pandemic - CoreData

The Covid-19 pandemic could result in more advisers leaving the profession than the Retail Distribution Review (RDR), according to a fifth of intermediaries surveyed by CoreData.

A survey of 250 UK advisers by CoreData Research found a fifth (19%) believe the coronavirus pandemic and resulting national lockdown will see more advisers quit the profession than the landmark regulation...

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