Continuum reports another year of significant growth and warns of 1970’s rush to retire

National financial advice firm Continuum has reported a 23% rise in assets under influence in 2024, ending the year with assets over £2.4bn. 

 

Highlights include:

• Assets rise 23% to over £2.4bn
• Ongoing recurring income up 27%
• Income from new business written up 16%.

This is the 10^th year-on-year of consecutive double digit percentage growth in assets for the firm.

Continuum also reported that 2024 continued a trend of the last few years of increasing numbers of clients enquiring about accessing their retirement pots at the earliest age, citing the pandemic, cost of living and changing working patterns. In 2025, individuals born in 1970 will be eligible to access their pensions from age 55 for the first time.

Continuum has experienced continued growth in its adviser partnership, with the number of advisers increasing to seventy-three. The company is looking to drive further expansion over the first half of 2025.

The firm’s ‘in house’ My Continuum Select Model Portfolios also had a strong year of inflows with written levels rising 23% year-on-year.

Martin Brown, Managing Partner at Continuum, said:

 

“Financial challenges and evolving lifestyles have led more clients to consider how they can increase their incomes and look at the facility to access pension assets from age 55. 

 

“This is most marked to us since pensions freedoms were introduced in that this year, we will see anyone born in 1970 having that option for the first time.

 

“Of course, it is important to factor this into individual circumstances but retirement at age 55 should still be hopefully a long way off. As our recent study showed a lot can happen, particularly in the growth of pension assets over a 25-year period.

 

Martin Brown was also pleased with Continuum’s growth, adding:

 

“We have achieved several new records despite the backdrop of economic uncertainty and a changing regulatory landscape.

 

“The demand and need for high quality advice continues to increase every day as more people seek advice for the first time. And as an industry we must encourage more people to do so. The need for a clear and consistent offering from financial advisers has never been greater concerning explicit and understandable financial planning, standards of living concerns, surviving in retirement and tax changes coming into force, which many will be unaware of. 

 

The opportunity for good financial advice firms to grow their business, brand and reputation is significant.”

 

Gary Parkinson Media Relations T: 0345 643 0770  M: 07756 668500 garyparkinson@mycontinuum.co.uk / press@mycontinuum.co.uk