As a risk specialist adviser, I’m prepared to explore alternative propositions such as consulting or general advice as a way to retain my relationship with my clients and to extend my involvement in the industry.
- Disagree (46%)
- Agree (37%)
- Not sure (17%)
Advisers have delivered a mixed response on the question of whether risk specialist advisers might be open to considering related but alternative career pathways.
As we go to press, there’s an almost even split in our latest poll between those who are at least open to exploring alternative propositions such as consulting or general advice services for risk specialists who elect not to attain their minimum education standards (39%) and those who are not (40%). There is also a large group (21%) who have yet to make up their mind on this issue.
This poll has generated strong engagement between advisers, but the conversation accompanying it has concentrated as much on the reason or reasons these alternative pathways are being offered in the first place, as it has on the merits of the propositions themselves:
Time will be the judge as to whether one or both of these alternative proposals will prove to be a success for the adviser, the advice business and the consumers they serve. But what seems apparent is that these offers re-affirm the fact that the life insurance advice sector is undergoing significant and permanent evolutionary change.
It’s perhaps too early to predict how (or whether) the specialist risk adviser will emerge from this period of change, but perhaps one or both of these offers under consideration reflects one possible avenue in the evolution of how personal life insurance advice may remain viable in the years ahead.
Our poll remains open for another week as we continue to welcome your measured and respectful contributions to this debate…