Advisers expect regulation to limit time taken on giving advice

Industry expects it will constrain their ability to meet demand

Isabel Baxter
clock • 2 min read

Financial advisers are concerned that the impact of regulation will limit the time they can take to deliver financial advice, BNY Investments and NextWealth have found.

The research - Retirement advice in the UK: time for change? – including 208 financial advisers and 254 advised consumers found that 48% of financial advisers expect the impact of regulation to limit the time they can take to deliver financial advice and constrain their ability to meet demand. It also found that advisers anticipate that assets held by their retirement clients will increase to 61% of their total business in the next three years. Autumn Budget and demand for retirement income advice Ahead of the Autumn Budget, 73% of financial advisers said that changes to tax rates a...

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 profession

UK IFA deal numbers hit 'new peak' in 2025

UK IFA deal numbers hit 'new peak' in 2025

Deals rose from 50 to 133 between 2020 and 2025

Sophia Panayi
clock 12 May 2026 • 4 min read
Phillip Wickenden: The political map has been redrawn

Phillip Wickenden: The political map has been redrawn

'The market is not pricing personalities. It is pricing discipline'

Phillip Wickenden
clock 11 May 2026 • 6 min read
Why the end of paper shareholdings matters now

Why the end of paper shareholdings matters now

‘There is still time before the 2027 deadline’

Ben Rogers
clock 11 May 2026 • 4 min read