Share

cover art for Why the advice profession struggles to bring in young talent

FTAdviser Podcast

Why the advice profession struggles to bring in young talent

It is well known that the profession is getting to the stage where it will soon have a raft of advisers looking to retire and either sell up or pass on their businesses on, but there may not be enough young people coming into the profession to plug this gap. But why is this?

This week Amy Austin, news editor at FTAdviser is joined by Derek Bradley, chief executive officer of Panacea Adviser, and Tim Morris, IFA at Russell & Co to discuss how the advice profession can attract young talent.

The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.

More episodes

View all episodes

  • How regulation of private markets will 'help to equalise wealth outcomes'

    22:30|
    The rise in the size of private markets, the opportunities and the potential for systemic issues to arise from that size has prompted closer attentionIn this latest podcast, FTAdviser deputy features editor Ima Jackson-Obot is joined by Leon Sinclair, an executive vice president at financial data company Preqin to talk about regulation and technology in private markets.The FTAdviser podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.
  • 'If we always stick to middle-aged rich people it narrows down the conversation'

    34:22|
    Research by consultancy McKinsey has found that, in the case of ethnic and cultural diversity, there is a strong business case for companies whose senior management was more culturally and ethnically diverse. It found that, in 2019, top-quartile companies outperformed those in the fourth one by 36 per cent in profitability, slightly up from 33 per cent in 2017 and 35 per cent in 2014. So how can improved representation boost UK financial services performance and improve outcomes for Britain’s consumers? On this podcast, Atlyn Forde, founder and chief executive of Communicate Inclusively, talks to FT Adviser editor Simoney Kyriakou about her mission to empower organisations to achieve transformative DE&I success through Forde's change-maker programme.
  • Making digital advice work in small firms

    27:44|
    Offering automated advice alongside a firm's normal proposition can be a good way to attract younger investors, but there are a few things advisers should consider before building and running such a service.We speak to James Anderson, IFA at Westminster Wealth and CEO of digital advice service AllAdvised and Peter Ridlington, CEO & founder of Ningi, about what it takes for SMEs to offer digital advice.
  • Outlook for fixed income in the current climate

    32:04|
    On the latest edition of the FT Adviser podcast, Iain Stealey, international chief investment officer for fixed income at JP Morgan Asset Management, David Coombs, head of multi-asset funds at Rathbones Investment Management and Tom Hibbert, multi-asset strategist at Canaccord Genuity Wealth Management discuss the outlook and opportunities in bond markets at a time of higher yields, but also elevated volatility, and an uncertain monetary policy environment.
  • Where are we one year on from consumer duty?

    41:55|
    Amy Austin, News Editor at FTAdviser, discusses how the industry has found consumer duty a year after it was introduced with Mark Pittaccio, business consultant and behavioural economist at Quilter Financial Planning, Dan Scholey, COO of Moneyhub and Victor Sacks, IFA at VS Associates.They look at how consumer duty was an opportunity for advisers to explore what they were offering to clients and look at what they could improve.They also discuss how consumer duty may change over the next few years with the emergence of technology.
  • What do mortgage lenders think of the new govt’s housing policies?

    33:44|
    FT Adviser's Chloe Cheung speaks to Kate Davies, executive director of the Intermediary Mortgage Lenders Association, and Ross Dalzell, managing director of property at Aldermore about Labour's housing plans, what lenders think of these policies, and why IMLA has urged the government to review regulatory barriers to first-time home ownership.
  • Passing the business from father to son

    26:54|
    In this episode of the FT Adviser Better Business podcast we look at succession planning.We speak to father and son adviser duo Jon and Ben Lancaster about their succession process, reflecting on what has gone well and what they would not rush to do again.
  • What the election result means for pensions, tax and housing

    29:53|
    Labour has won by a landslide in the 2024 General Election but what does this mean for tax policy, people’s pensions and housing?Amy Austin, news editor at FT Adviser speaks to Claire Trott of Technical Connection, Ray Boulger of John Charcol and Matthew Todd of RSM to delve into what Labour's pension review could look like, whether inheritance tax could see reform and if any changes could be made to stamp duty.
  • Why people feel less safe than in 1994 (and what to do about it)

    30:50|
    The Doomsday clock, which was created in 1945 by Einstein and Oppenheimer, and is run by the Bulletin of the Atomic Scientists, said the world was at 90 seconds to midnight. This indicates how vulnerable we are globally to man-made threats. This year, as tensions rise, the world goes to the polls, new friendships are forged and old alliances are put under strain, ordinary people can indeed feel closer to midnight. Are we safe? And if we are not, how can we plan for our futures, or for the next generations? Should we be worried about our portfolios or our supply of shotgun cartridges? When it comes to financial planning, how can advisers help shape clients' response to world events, rather than having them make knee-jerk reactions.Talking to FT Adviser editor Simoney Kyriakou is Daffyd Rees, an award-winning business journalist by background, a former policy adviser to the UK Prime Minister Tony Blair and is now a senior adviser to leading UK and international companies for SEC Newgate.