Advisers look for new revenue sources as assets prices go flat

Financial advisers in the UK are looking at retirement planning and other sources to increase their revenues as flat asset prices are no longer driving growth. According to the latest research from Canada Life, only 15% of advisers expects asset value to rise, propelling business growth in the next year, down from a third [34%] over the past five years. The biggest single driver of growth is expected to be retirement planning, with six in ten advisers [58%] believing this area has the potential to increase revenues, followed by inheritance and wealth planning [51%] and pensions consol...