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Adviser exodus due to FASEA 'overstated', consultant says

Adviser exodus due to FASEA 'overstated', consultant says

The initial estimates and commentary predicting an exodus of advisers from the industry after the implementation of the FASEA standards may be overstated, according to one consultant.

  • Shared by ifa
  • March 08, 2019
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Mayflower Consulting managing director Sarah Penn said that while the incoming standards for financial advisers will see a slight uptick in the number of advisers retiring from the financial advice industry, it is unlikely to be anywhere near some of the initial predictions that were made when FASEA started releasing its guidance.

Read more at the ifa.

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