A Twitter poll of the PFS membership at the end of April showed that approximately 7% had been furloughed, 73% were okay working from home and roughly 12% were struggling with carrying out their roles from home.
Of the 78 PFS members who took part in the poll, 6.4% reported they were still having to go into their office to continue to serve their clients during the coronavirus pandemic.
PFS members revealed how they are continuing to work one month after the Financial Conduct Authority announced what steps the financial advice profession should take to facilitate working from home, including providing suitable IT and equipment to enable remote working.
On 30 April, the professional body announced a 20% discount on digital learning materials for members who as a result of Covid-19 have been furloughed or seen an equivalent material reduction in their income, and whose learning and assessment costs are not funded or subsidised by their employer.
Those who are facing financial hardship due to being made redundant or working for a business that has collapsed as a result of Covid-19 are also eligible for discounts and financial assistance on digital learning or membership.
For more information, visit: cii.co.uk/financial-assistance-during-covid-19