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Simon Cogman-Hellier: Working together to close the advice talent gap Career support and development It is only through giving your employees the opportunity to explore and discover that you reach the point of people achieving their optimum potential in the business. -Simon Cogman-Hellier Simon Cogman-Hellier Simon Cogman-Hellier shares his career progression philosophy and urges others in the sector to nurture employees, give them the opportunity to develop and help close the advice talent gap It is well known within the advice industry that we are facing an advice talent gap. Recent research has estimated that about 15,000 advisers plan to leave the profession in the near future, whilst. ....
What’s on financial advisers’ wish lists for 2021? Last year was a learning curve but this year is about ‘building the future of advice’ The financial advice industry was hit hard throughout 2020. Businesses had to adapt to the “new normal” overnight, and quickly rejig budgets to cope with the financial strain of the pandemic. The Financial Conduct Authority recently released the first of its Covid-19 surveys and found 4,000 firms that are at heightened risk of failure. “These are predominantly small and medium-sized firms, and approximately 30% have the potential to cause harm in failure,” the UK regulator said. But 2021 is a new year and there is a faint light at the end of the tunnel for the world to come out of the bleak lockdowns via vaccination. ....