Advisers show confidence in operations but pressures mount

‘I am confident, but the pressure and amount of work is unsustainable’

Isabel Baxter
clock • 2 min read

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...

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