Reassessing Consumer Financial Guidance Amidst a Cost of Living Crisis

In recent surveys, notably by Handelsbanken Wealth and Asset Management, it has emerged that a significant portion of the UK adult population harbours deep concerns about their financial future. The data indicates that 46% of UK adults fear a declining standard of living over the next 12 months, with this apprehension most acute among those … Continue reading Reassessing Consumer Financial Guidance Amidst a Cost of Living Crisis →

Empowering Retirement: The Essential Shift from Financial Advice to Financial Planning

In recent years, the narrative surrounding retirement planning has been heavily shaped by the insurance industry, with a strong emphasis on the need for long-term savings, investments, and insurance products. Market research often projects this perspective, aiming to guide consumer behaviour towards more traditional financial advice. However, a disconnect persists between what retirees truly seek … Continue reading Empowering Retirement: The Essential Shift from Financial Advice to Financial Planning →

Life Planning: A Pathway Out of Worklessness, Poverty, and Poor Health

In a number of regions in the UK, the intersection of worklessness, poverty, and poor health forms a debilitating cycle that traps many in a state of dependency and despair. This "toxic triangle" not only diminishes the quality of life but also stifles the potential for economic and personal growth. Life planning offers a transformative … Continue reading Life Planning: A Pathway Out of Worklessness, Poverty, and Poor Health →

Financial Planning Coaching in South Africa: Empowering Consumers Towards Financial Well-being

In South Africa, where financial literacy is crucial for securing economic stability, Financial Planning Coaches are playing an increasingly vital role. Unlike traditional financial planners, these professionals focus on broad financial education and strategic guidance without the need for a FINRA Series 65 license. This article delves into the role of Financial Planning Coaches, the … Continue reading Financial Planning Coaching in South Africa: Empowering Consumers Towards Financial Well-being →

How AI is Transforming the BFSI Sector: Opportunities and Challenges Ahead

Introduction In the ever-evolving landscape of the global economy, the Banking, Financial Services, and Insurance (BFSI) sector remains a cornerstone, underpinning economic activities and facilitating growth across industries and communities. As financial systems grow increasingly complex, the demand for more accessible, efficient, and personalised services escalates. This need is catalysing a pivotal transformation within the … Continue reading How AI is Transforming the BFSI Sector: Opportunities and Challenges Ahead →

Reimagining Retirement: Challenging Fear-Based Financial Narratives

A recent Canada Life survey reveals a stark reality: 49% of Brits under the age of 66 anticipate working beyond the State pension age. The reasons are as concerning as they are common: insufficient pensions, rising cost of living fears, and anxiety about outliving their savings. Moreover, there's a palpable worry about the health impacts … Continue reading Reimagining Retirement: Challenging Fear-Based Financial Narratives →

Rethinking Retirement: A Call for Innovation Over Increased Contributions

In light of recent proposals by financial institutions like Phoenix Group, which suggest raising pension contributions from 8% to 12%, it is imperative to assess the broader implications of such measures, especially amidst a gripping cost-of-living crisis. While ostensibly aimed at securing a stable financial future for retirees, these calls for increased contributions risk deepening … Continue reading Rethinking Retirement: A Call for Innovation Over Increased Contributions →

Happy Financial Advisers: Optimal Asset Strategies for Retiring From Regulated

Let me show you the tools of Holistic Financial Planning and apply them to a Financial Intermediary as a client. The Master Framework is called the GAME Plan; Goals and Actions Means Execution. There are planning frameworks within the framework. For simplicity, we joined the conversation at M for Means. Here, we have the adviser's … Continue reading Happy Financial Advisers: Optimal Asset Strategies for Retiring From Regulated →

Balancing Act: The FCA’s Proposed Public Naming Policy and Its Impact on Firms and Consumers

The Financial Conduct Authority (FCA) in the UK finds itself at a crossroads, wrestling with the delicate balance of transparency and confidentiality. Recently, the FCA proposed changes to its current policy, which would involve publicly naming firms and individuals at the very start of an enforcement investigation. This bold step aims to enhance market integrity … Continue reading Balancing Act: The FCA’s Proposed Public Naming Policy and Its Impact on Firms and Consumers →

Holistic Financial Planning: The New Paradigm in Personal Wealth Management

In a rapidly changing financial landscape, the traditional methods of planning are being overtaken by a more comprehensive approach known as holistic financial planning. Unlike conventional strategies that primarily focus on financial assets, holistic planning considers the entire spectrum of an individual's tangible and intangible assets. It's a philosophy that integrates the facets of mind, … Continue reading Holistic Financial Planning: The New Paradigm in Personal Wealth Management →