Greater adoption of technology among financial advisers is driving increased business efficiency and meet increased client demand, according to research from FE fundinfo.
It showed that nearly 70% of advisers have increased their technology budgets over the past year, as the vast majority (81%) see the opportunities for greater technology adaption. This was largely driven by adviser spend and acceptance of technology as a necessity as the industry moves into a post-pandemic world, the survey suggested. FE fundinfo's 2022 financial adviser survey was conducted in November and December 2021. It consisted of 60 questions and was completed by more than 200 UK-based financial advisers. More than 70% of advisers said they increased spend over the last yea...
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