Russell Andrews looks at what's driving the 'great adviser retirement' and explores how to plug the gap left behind...
Recently, a lot has been written about The Great Resignation with people choosing to quit or change their jobs in the near future, largely due to the work and life changes caused by the Covid-19 pandemic. As financial planning and advice are arguably more akin to a vocation, this trend likely won't materially extend to the advice industry. However, a similar risk is The Great Retirement—one that could have a seismic impact on the industry in the coming months. According to Financial Conduct Authority (FCA) data published in April 2022, more than 33% of the more than 43,000 individual...
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