Tom Hegarty: New apprenticeships - is this the game-changer?

Next generation of advisers

clock • 6 min read

It has been both widely reported over recent years - and obvious to those within the industry - that there are more financial advisers leaving the profession than new people joining, writes Tom Hegarty.

There are a number of factors that may have contributed to this trend, but we are where we are and the direction we have been heading in has not indicated much of a change. Apart from the average age profile of advisers, there are a number of other reasons cited by those leaving the industry. Of course, we should try to reduce the numbers leaving where possible but, more importantly, we need to focus on from where the next generation will come - and how we develop them into financial advisers. Dwindling numbers have been an industry issue for a number of years and, while there have be...

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