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

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 said they plan to retire by 2025. The average adviser has worked in the industry for 26 years and a third (33%) have done so for more than 30 years. A minority (5%) have been in the industry for more than 40 years.  A quarter of respondents said they were serving fewer clients than they were five years ago. Of those, just a fifth (20%) put that down to not taking on additional clients be...