Why there’s cause to be optimistic about the future of advice

In this episode of The ifa Show, host Keith Ford is joined by Eugene Ardino, chief executive of Lifespan Financial Planning, to discuss some of the hot-button topics impacting financial advice and why, despite some challenges, there is still plenty of reason for optimism.

Financial advisers are facing headwinds in the form of sluggish regulatory reform and the growing impact of the Compensation Scheme of Last Resort (CSLR), which Ardino said is currently the biggest issue for advice, though high demand and deregulation on the horizon should see things improve.

Listen as they discuss:

• What steps need to be taken to ensure the CSLR is sustainable without crippling financial advice.
• How the advice profession can work to attract more new entrants and sell the positives of the sector.
• Whether a change in minister is likely to speed up the implementation of reforms.