The financial advice sector needs to define a path for the next generation to come through the ranks and become advisers, believes Vito Faircloth, because as things stand young people do not know where to start.
The youngest-ever Fellow of the Personal Finance Society maintains younger people do see advice as a prestigious career but are at a loss at how to get there themselves. He also admits that, originally,...
'Necessary steps' taken
Penalty payments and enforcement policy
Fees as low as 0.04%
Client procurement costs ‘unsustainable’
Only 9,486 applied for the benefit in 12 months