Quarter of advisers unsure on 2024 prospects: SimplyBiz

Client bank growth is top priority

Jaskeet Briah
clock • 1 min read

One quarter (25%) of advisers were unsure of the advice landscape’s prospects in 2024 and would need a better feel of the new year before having a clear view, according to a member survey by SimplyBiz.

The support services provider's annual member survey was conducted at the end of last year to measure adviser sentiment about current challenges and opportunities, the direction of the sector and their aims for the next 12 months.  According to the survey, 61.5% of advisers felt positive about the advice landscape's prospects in 2024, which increased to 69.8% for mortgage advisers. Market conditions were the key focus of client conversations, with the effects on investments (24.3%), interest rates (20.7%), and retirement planning (19.9%) ranked as the most common discussions with advi...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

Opportunities for the life insurance industry from Budget proposals

Opportunities for the life insurance industry from Budget proposals

Protection driven by IHT changes

Paula Steele
clock 22 November 2024 • 4 min read
Claims and Underwriting: Securing cover with liver disease

Claims and Underwriting: Securing cover with liver disease

“It was racing against the clock”

Jaskeet Briah
clock 21 November 2024 • 6 min read
Two senior hires for SBG

Two senior hires for SBG

Catherine Darroue and Rebecca Luter join

Cameron Roberts
clock 20 November 2024 • 1 min read