Younger advisers are not less competent but need to gain experience

When asked ‘Do you think younger advisers are less competent than the older generation of advisers?': 62.9% of respondents answered ‘no', 17.4% answered ‘I don't know' and 19.7% answered ‘yes'. A respondent who agreed with the statement argued: "They may have more exams behind their name, but they have no idea of client engagement, everyone is leaving the industry and who will now teach them?" Sharing a similar view, another respondent added: "They have not got the face to face and social experience of dealing with people." Some argued that younger advisers need more time to gain f...