Advisers consider 'fundamental' changes to business models

This includes a wider range of advice services, personalisation and coaching

Isabel Baxter
clock • 1 min read

Advisers are considering fundamental changes to their existing business models, BNY Mellon Investment Management has found.

Its report, Life Beyond Work: The Changing Face of Retirement, which surveyed more than 200 UK retirement focused advisers alongside 64 qualitative discussions with consumers, retirement specialists and industry specialists, found that advisers are considering various changes to how they operate. One of those changes include a wider range of advice services. According to the report, advisers see the potential for growth in key areas of retirement advice such as inheritance and tax-planning but also recognise their potential to get involved in additional areas. Nonetheless, 44% expect ...

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 Business

Quilter Academy celebrates 124 adviser graduates

Quilter Academy celebrates 124 adviser graduates

From military and navy, professional sport, hospitality and senior management

Sophia Panayi
clock 23 March 2026 • 1 min read
Editor's view: PA Awards 2026 – raising the bar again

Editor's view: PA Awards 2026 – raising the bar again

The editor's Friday Night Takeaway from 20 March

Jen Frost
clock 20 March 2026 • 2 min read
Recently launched Succession Alliance forms board

Recently launched Succession Alliance forms board

Members include succession specialists from 7IM, MKC Wealth and Quilter

Sophia Panayi
clock 19 March 2026 • 2 min read