Six in ten advisers turned away new clients in past year - Octopus

Research

Ruth Handcock: "The report’s findings are worrying, especially at a time when many people find themselves in a period of financial uncertainty as a result of Covid-19 and need advice."
Ruth Handcock: "The report’s findings are worrying, especially at a time when many people find themselves in a period of financial uncertainty as a result of Covid-19 and need advice."
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Six in ten (60%) financial advisers turned away clients in the past 12 months as 62% of advisers polled said they plan to retire in the next decade, research conducted by Octopus Investments has found.

The research, which sampled 255 UK advisers, found a rise in advisers planning to retire within the next decade, up four percentage points from 58% last year. Nearly a third (29%) of advisers surveyed...

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