Better education of advice sector can help drive recruitment

Lack of education around financial advisory leads to difficulties in hiring

Sahar Nazir
clock • 2 min read

Advisers are struggling to recruit more talent in the industry due to a lack of education of the profession.

Speaking at The Lang Cat's latest Advice Gap 2023 report launch today (11 May), advisers outlined the difficulties in attracting talent in the financial advice sector. The research, which looked at 2,035 consumers over the last two years, suggested that consumers considered a profession in financial advisory if they had a parent that used a financial planner. Chartered Institute for Securities & Investment (CISI)  head of financial planning Sally Plant said the industry is finding it challenging to hire talent because "people do not know what the profession is". "People do not usua...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

The banks are back: What does this mean for advisers?

The banks are back: What does this mean for advisers?

Banks ‘uniquely positioned’ to provide advice to mass market

Sophia Panayi
clock 24 August 2026 • 6 min read
Social media investment advice leaves investors out of pocket - research

Social media investment advice leaves investors out of pocket - research

Over half who acted on social media financial advice regretted it

Isabel Baxter
clock 21 August 2026 • 3 min read
New sexual harassment duty: Can adviser firms show they've taken 'all reasonable steps'?

New sexual harassment duty: Can adviser firms show they've taken 'all reasonable steps'?

'Employers will be expected to take all reasonable steps'

Emily Bradshaw
clock 19 August 2026 • 4 min read