A third of advisers considering selling their business - Canada Life

More consolidation expected

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"There is a clear signal that advisers are feeling under pressure, which is catalysing change in the industry" - Canada Life's Neil Jones
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"There is a clear signal that advisers are feeling under pressure, which is catalysing change in the industry" - Canada Life's Neil Jones

More than a third of advisers felt appealing to millennials would require a change in marketing strategy

A sizeable portion of advisers are considering selling their business amid pressures from regulation, volatility and cybercrime, research by Canada Life has found. The research, which surveyed some 185 advisers, found one third (32%) of advisers were considering selling their business, and four in ten (38%) of those thought it would be to a larger organisation. A similar number (37%) were considering withdrawing from certain markets, while 28% were considering retirement. Canada Life said...

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