When it comes to planning for retirement, writes Tom Dunbar, advisers should take their own advice and start planning for their future early on
The majority of financial advisers are very positive about the future. Our research in January this year found that 80% of advisers had grown revenues and profit in 2019. Further research in May showed 31% of advisers were planning to grow total staff numbers in their business, a significant increase from the January results. However, there is a significant minority who are actively thinking about their retirement and succession plan. 13% of advisers expect to sell part of or all of their business in the next two years and 8% of advisers expect to stop working within the next three years...
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