Brexit: Biggest threat but good opportunity, say advisers

Survey of 250 advisers

Tom Ellis
clock • 1 min read

Brexit will provide the third biggest opportunity but also the biggest threat to the advice sector over the next 24 months, according to a survey of 250 financial advisers.

Aegon's adviser attitudes report found a fifth (21%) of advisers believed Brexit would be one of the biggest opportunities for them over the next 24 months, coming behind only defined benefit transfers (53%) and the upcoming pensions dashboard (26%). Two-fifths (40%), however, also reckoned Brexit would be one of the biggest threats to the advice sector over the next two years - ahead of robo-advice (31%) and non-Brexit related political uncertainty (30%). Aegon pensons director Steven Cameron suggested some advisers were thinking Brexit would provide opportunities because they would ...

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

Consumer Duty Alliance looks to attract advice industry talent

Consumer Duty Alliance looks to attract advice industry talent

New Talent Alliance will be chaired by M&G Wealth Advice MD Tom Hegarty

Isabel Baxter
clock 27 March 2024 • 2 min read
PA Working Lunches: Register today to hear from SimplyBiz

PA Working Lunches: Register today to hear from SimplyBiz

Join us for an informative session worth one hour of CPD

Professional Adviser
clock 27 March 2024 • 1 min read
FCA warns firms and finfluencers to 'keep social media ads lawful'

FCA warns firms and finfluencers to 'keep social media ads lawful'

Regulator sets guidance for financial services promotion

Isabel Baxter
clock 26 March 2024 • 3 min read