Advisers' mental health improves but still concerning

AIA has repeated its Wellbeing survey of advisers it first did in 2021. Overall, the mental health risk of advisers was 6.6% lower than in 2021.

While that is good news, worryingly advisers are twice as stressed as the average New Zealand worker.

A publication from the Mental Health Foundation in 2022, cited data from Statistics NZ showing one in five workers in New Zealand reported being stressed by work ‘always or often’.

“This suggests that the number of financial advisers experiencing stress most of the time at work, is two times higher than the average worker in New Zealand.”