The majority of advisers are confident in their business operations as they are right now, but they are feeling increased pressure, a Professional Adviser survey has found.
In last week's PA Asks, we asked the industry if they are confident in their business operations as they are right now. Out of the respondents, the majority (75%) answered yes, 17% answered no, and 8% said they do not know. This came after advice firms were told to adopt ‘operational excellence' by a panel at Timeline's Adviser 3.0 conference on May 16. One pundit said they are confident, although it is difficult to grow significantly without extra human resource. They added: "I wouldn't say this is a company issue but more industry wide. Suitability letters for example are prim...
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
