Newpark launches HeadSpace

Financial advisers are struggling mentally with the amount of change they are being forced to go through and need more than just business and licensing support, one dealer group says. Newpark chief executive Melanie Purdey said she regularly dealt with advisers who were becoming stressed or depressed. “We need to give our people a lot more support than just licensing or business development … they are going through a change that is unprecedented for them.” Many were studying for the first time, sometimes in a language that was not their first, she said. They were also under the regulatory, media