Are Higher Qualification Requirements Leading To An Adviser Exodus?

There has been much speculation that the new qualification regime facing advisers may help contribute to a crash total adviser numbers. It has been suggested across much of the industry media that this, combined with changing remuneration models may create potential reductions of 30% to 40% of all authorised representatives. While only time will tell if these predictions are correct, here we take a closer look at one of these catalysts that will no doubt influence the number of financial advisers in the industry in the short to medium term, educational qualifications.