Boom in demand for advice despite pandemic woes - research

In its 2021 financial adviser survey, Thriving through Turmoil, which surveyed 250 advisers, FE fundinfo found 89% of advisers have increased investments in their business. As part of improving their business, 58% invested in new technology, while two-fifths (40%) invested in back-office systems. Just below that (38%) gave more time to staff training, while a quarter (26%) invested in more recruitment. The research also found that 58% of advisers feel more positive about their business outlook compared to the previous year. Advisers have been adapting to the technological opportuni...