Advisers reluctantly embracing robo-advice
By Tom Carnegie, 1 Nov 17
Robo-advice trust, Brexit certainty and profession growth were all major topics covered in Prudential’s latest report on the key issues facing financial advisers in 2017.
Looking to the future
According to the 2017 Adviser Barometer, an increasing number of advisers are starting to have a positive outlook on the future of the profession.
The report shows 30% of advisers believe that numbers across the profession will fall in the coming year. This is a sharp fall from the 2016 report where 50% thought there would be a downturn in the number of advisers.
Additionally, 70% now say they would recommend financial advice as a career while in 2016 only 44% said they would.
Further 38% of advisers said they thought the industry would grow this year, while in the 2016 report only 11% said they thought the number would grow in 2017.
Tags: Prudential
