A huge number of you clicked on our story this week about CoreData Consumer Duty research.
It found one-in-ten advisers are looking to leave the industry thanks to the introduction of the new regulations. At face value, it seems an alarming large number, though it is not dissimilar to how advisers felt in 2012 after the Retail Distribution Review. Over a third (35%) of advisers surveyed in the CoreData research said the pressures associated with Consumer Duty compliance are negatively impacting their mental health. This is a bad sign and something we all need to think and reflect more on. Knowing the vast number of benefits the Duty will hopefully bring doesn't make it feel any l...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
