The topic of product transfers not being affordable for clients was among the most popular on cherry’s adviser forum last month, according to data revealed by the site.
Other popular threads included how to value a limited company, mental health and Consumer Duty, as well as concern about future complaints.
For the first time, a topic on the Provider Forum was one of the most viewed on the site, attracting more than a thousand views in the thread about common misunderstandings of LPAs.
Analysis of activity on cherry for May showed that more IFAs were using the forum, which was historically used mainly by mortgage brokers.
Donna Hopton, director at cherry, said: “The cherry broker forum provides a secure environment within which advisers can share their thoughts, frustrations and thoughts on best practice.
“From the most viewed topics in May, it’s clear to see there is a good deal of unrest amongst advisers, particularly when it comes to the imminent Consumer Duty regulations and potential impact across a range of issues.”
She added: “One of the most notable takeaways from analysis of use of the forum in May is that the recently launched Provider Forum scored highly in the most viewed topics, which shows that this new section has gained traction very quickly.”
