Over half of advisers signal concern over industry's lack of innovation

clock • 2 min read
Over half of advisers signal concern over industry's lack of innovation

Nearly two thirds of advisers (63%) believe they have all the tools and products required to meet their client's needs, but just over half (52%) believe that the industry has lacked innovation and new solutions, according to new research by Canada Life. Yet advisers also show hesitancy with only 56% feeling comfortable exploring and offering clients new products, the research among 206 UK IFAs conducted by Opinium Research between 5-8 July 2021 further revealed. While the majority (93%)...

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