Tim Sargisson: Myths about the retiring adviser

Regulatory burdens

clock • 3 min read

While surveys and market research point to an ageing adviser market and hundreds of imminent exits, Tim Sargisson reckons the growing regulatory burden on one-man bands could be becoming too much...

Dynamic Planner's recent report Growth, opportunity, and sustainability - The financial advice market in 2021 resurrected that old chestnut — the retiring adviser. This subject seems to come round with all the tedium of an unloved season. In 2019 trade body Liberatum revealed that 7,000 advisers were set to go within the next five years and 13,000 over ten years. Also in 2019, Octopus Investments research showed almost a third of advisers, 29%, expect to retire in the next five years. This figure rose to 58% of advisers when considering retirement in the next 10 years. So, an equivalent ...

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

News editor's view: The devil in the Budget detail

News editor's view: The devil in the Budget detail

The news editor's Friday Night Takeaway from 30 October

Isabel Baxter
clock 30 October 2026 • 2 min read
What's spooking financial advisers this Halloween?

What's spooking financial advisers this Halloween?

Experts share what's keeping the profession awake this spooky season

Professional Adviser
clock 30 October 2026 • 4 min read
Feel Good Friday: CISI urges financial planners to give 'one hour' to upcoming Financial Planning Week

Feel Good Friday: CISI urges financial planners to give 'one hour' to upcoming Financial Planning Week

Event takes place January 2027

Professional Adviser
clock 30 October 2026 • 1 min read