My most likely response at the moment to the new adviser licensing regime will be to:
- Obtain my own licence and operate a small advice business (1-2 financial advisers) (54%)
- Obtain a licence for my advice business and engage multiple advisers (>2) (21%)
- Work for someone else’s business which holds a licence (16%)
- Retire from the industry (9%)
Loading ...Our latest poll revisits what your intentions might be when it comes to deciding on how you and your business will deal with individual adviser licensing.
We’ve reported this week that Kepa’s CEO, Brendon Neal, has urged advisers to take the time now to set up their business processes for success, ahead of looming licensing requirements (see: Prepare Your Business for Licensing Now…).
In asking advisers to consider their options now and to prepare for it, Neal cautioned that the biggest danger for advisers was apathy and that now is the time for preparations to be made.
We asked you this same question in our very first poll a year ago, and we’ll report back next week whether there’s been any change in general adviser sentiment over the course of the last year…