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

Advisers report under 50s make up growing chunk of client banks

Advisers report under 50s make up growing chunk of client banks

Under 40s make up almost a third, FE Fundinfo research finds

Sophia Panayi
clock 02 June 2026 • 2 min read
How the 100-year life is reshaping financial planning

How the 100-year life is reshaping financial planning

'The financial planning sector needs to continue to evolve'

Chris Ball
clock 02 June 2026 • 4 min read
Tax a 'significant issue' for clients but capital loss tops concerns

Tax a 'significant issue' for clients but capital loss tops concerns

IHT on pensions concern near universal, Schroders finds

Sophia Panayi
clock 02 June 2026 • 3 min read