University link ensures a new era in financial planning

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Those of you who read last month's blog might think that I've got education and training on the brain, as here I am again with one of my old hobby horses. However, this time there's something different for us all to digest.

For years our industry has been struggling with getting good quality advisers and trainees into the profession. Financial practitioners have been reluctant to take on and train staff at great cost to themselves, when they have no means of ensuring that the individual will remain with the firm long enough for them to recoup their “investment”. Let’s face it: the average age of financial planners in the UK is now so high that this whole idea of “succession” becomes more important by the day. I am so pleased that this month we at the IFP have been able to announce one of the most significant...

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