NextWealth

Advice gap to increase by end of year

‘The MPS sector is thriving but crowded’

Advisers expect offboarding to increase in next 12 months

Majority say that it has not changed in the past 12 months

Findings from NextWealth’s Financial Advice Business Benchmarks report

Advisers either completely or somewhat satisfied with career choice

Nearly 40% expect increase over the next three years

One third of advice professionals are using AI in their businesses

Advisers urge providers to facilitate better back-office integrations

Attitude to risk questionnaires could be unsuitable for decumulation