Fifty-three per cent of financial adviser firm employees are set to work remotely in the long-term, wholly or at least in part, according to new research from Intelliflo.
A study from the software provider also revealed that 59% have not yet returned to the office in any capacity, and that by the end of the year there will still be a quarter (25%) that have not stepped back into the office.
The figures come after advisers and support staff have transformed their ability to work remotely over the last six months, Intelliflo suggested, with 84% of adviser employees saying they are now fully optimised to work from home – compared to 47% prior to the COVID-19 pandemic.
The poll, carried out between 30 July and 6 August, surveyed 237 employees from roles including owners, mortgage and investment advisers, paraplanners, compliance, finance, and admin.
When asked about how remote working would benefit advisers, Intelliflo also indicated that more client time was a “clear theme”. By not commuting, respondents revealed they had been saving an average of 60 minutes per day – time that more than half (52%) of advisers have spent with clients instead. Another 38% believe they will benefit from being able to target more clients nationwide.
The study also found that more than a third (36%) of advisers would consider permanently adjusting their service proposition – such as providing a virtual advice service – to suit remote working.
Intelliflo CEO, Nick Eatock, commented: “It’s important that advisers have the flexibility to choose a way of working that benefits them and their clients, and technology is a crucial enabler of this.
“It’s encouraging to see from our data that the adoption of technology is up from both advisers and their clients, with almost four times as many clients logging into their portal now compared with earlier this year.
“We’re expecting this to mark a permanent shift in the way that advisers operate in the future. Advisers can now reap the benefits of working remotely, helping them to become more agile and efficient without comprising on the value they deliver to their clients.”
Latest News
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories