Advisers optimistic profession numbers will increase - Pru

Aspire programme relaunched

Hannah Godfrey
clock • 2 min read

Advisers are increasingly optimistic the market for advice will continue to grow yet fear too little continues to be done to encourage new recruits to the profession, research from Prudential has found.

The group's nationwide study of 101 financial advisers found nearly two out of five (38%) expected the number of advisers in the profession to increase over the next year, representing a considerable change in expectations over the last 12 months. A similar survey last year found more than half (51%) of advisers predicting numbers across the profession would fall. Prudential suggested part of the reason for this turnaround was increased confidence in recommending financial advice as a career for new recruits - around 70% said they would urge others to start a career in advice. Even so...

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