Opting out of an employer's workplace pension scheme can have significant long-term consequences, both for the employee and the financial industry. While the immediate effect is an increase in take-home pay, the decision carries a hidden cost that can lead to financial instability in retirement. Financial Industry Perspective The financial industry relies heavily on funds … Continue reading The Impacts of Opting Out of Your Employer’s Workplace Pension Scheme →

Keeping Financial Strategies Boring and Human Capital Development Inspiring When it comes to creating wealth, there's a common misconception that investing is the surefire path to riches. However, the reality is far more nuanced. Investments help you preserve and grow money you've already made, but they are not the primary method for generating wealth, especially … Continue reading Creating Wealth: Focusing on Human Capital Over Financial Investments →

In the world of financial planning, the Academy of Life Planning advocates for a revolutionary approach called the "Game Plan." This holistic strategy integrates the principles of Goals, Actions, Means, and Execution (GAME) to align one's life aspirations with financial stability. By understanding and applying the Game Plan, individuals can create a sustainable and fulfilling … Continue reading Designing Your Future: The Holistic Financial Game Plan for DINK Couples →

Case Study: The Game Plan in Action Introduction The Game Plan is a holistic financial planning process encompassing Goals, Actions, Means, and Execution (GAME). This approach involves crafting the life you desire and establishing the necessary financial framework to support it. Contrary to traditional belief, it often emphasises human capital development over financial capital development. … Continue reading From Collapse to Paradise: How Strategic Planning Transformed My Life →

"This trend reflects a broader movement towards empowerment, where individuals are proactively managing their finances rather than delegating this responsibility to banks and financial advisers." In today's digital age, a growing number of homeowners, particularly those aged 55 and over, are taking control of their financial decisions. Empowerment in financial planning is becoming increasingly popular … Continue reading Empowering Homeowners: 55 Plus Navigate Financial Products with Confidence →

In recent studies, wealth management firm Saltus produced an analysis highlighting the apparent shortfall in pension savings among high-net-worth individuals (HNWIs). According to their findings, 96% of HNWIs underestimate how much is needed for a comfortable retirement. While the study brings attention to an important issue, it significantly omits consideration of human capital—the present value … Continue reading Rethinking Retirement: The Importance of Human Capital in Wealth Management →

In the world of financial advising, the term Assets Under Management (AUM) often takes center stage. Many advisory firms operate on a model that heavily focuses on increasing AUM, which directly impacts their revenue. However, this narrow focus on investable assets might overlook significant aspects of a client's financial health and skew the outcomes of … Continue reading Rethinking the AUM-Centric Model: A Holistic Approach to Financial Advising →