Date: 23rd February 2023

How the Right Retirement Plan Can Help Financial Advisers Reduce Stress and Secure Their Business Future

The Right Retirement Plan is a comprehensive solution that allows financial advisers to plan for the future of their businesses, ensuring continuity of service for their clients while addressing their own retirement needs. One of the core focal points of the plan is the “hybrid option” that offers financial advisers in the UK a solution for reducing their working hours, while still ensuring that their clients are serviced and looked after. This is an increasingly important consideration for advisers, as many are not ready to fully retire, but may want to focus on one product area or have an outlet for an area that they are not yet authorised on.

One of the main benefits of the Right Retirement Plan’s hybrid option is that it allows advisers to focus on specific product areas without having to worry about servicing other areas of their business. This can be especially beneficial for advisers who are looking to promote a particular area of their business, such as Equity Release, as it allows them to direct their clients to a trusted source for other financial services.

Statistics show that a significant number of financial advisers in the UK are facing high levels of stress and burnout due to heavy workloads. A study by the Financial Conduct Authority found that almost half (47%) of advisers reported high levels of stress. Furthermore, a survey by the International Longevity Centre UK found that almost two-thirds (62%) of advisers said they have been affected by stress and burnout in the past year.

The hybrid option of the Right Retirement Plan can help to mitigate these issues by reducing the workload and stress on advisers. This not only supports the wellbeing of advisers but also ensures that they are able to provide a better service to their clients.

“The Right Retirement Plan is a game-changer for financial advisers who are looking to balance their professional and personal goals. With our hybrid option, advisers can have peace of mind knowing that their clients will be taken care of while they focus on the specific areas they want to specialize in, or even reduce their working hours, without any negative impact on their business or clients. Not only does the Right Retirement Plan provide a solution for advisers to plan for the future of their business, but it also prioritises their overall well-being by reducing stress and workload, allowing advisers to enjoy a better work-life balance. ” – Amy Wilson, Director of the Right Retirement Plan

In summary, the Right Retirement Plan offers financial advisers in the UK a solution for reducing their working hours, while still ensuring that their clients are serviced and looked after. By allowing advisers to focus on specific product areas it can help to promote that area of their business, while also reducing the workload and stress on advisers as they delegate other areas via the hybrid plan. This not only supports the wellbeing of advisers but also ensures that they are able to provide a better service to their clients.

Those interested in joining The Right Retirement Plan are encouraged to enquire about options available by speaking to the team, or by taking a look at the brochure to find out more. >> https://therightretirement.co.uk/contact