But Ms Ingram’s view is that self-employment in financial advice is not always the easy solution to increase flexibility for women and men with children.
She warns: “Running a regulated financial advice practice requires a great deal of time to be spent on non-revenue generating activity, such as keeping up-to-date with compliance, technical training, ensuring back office and communication systems are secure, maintaining adequate solvency and professional indemnity requirements, and billing and accounts.”
Hence, she suggests finding an employer who will provide all this and who has a flexible working policy is likely to be less stressful and will enable a better work-life balance to be achieved.
Saloni Sardana is features writer at FTAdviser and Financial Adviser
