Careers England, which speaks on behalf of careers advisers, said there must be an urgent debate on the future of careers education and guidance in England.
A policy position paper published by the organisation states that better value can be achieved from the resources already in the system.
It calls on the government to launch a cross-departmental review of all the activities and funding that impact on career education to ensure a more cost-effective, fair system.
And it proposes a national all-age careers service that is appropriately resourced and backed by a national strategy.
"Existing funds need to be rationalised, managed in smarter ways, more creatively, and with more forensic targeting to secure the desired outcomes," the paper states.
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