In the realm of financial advice, a seismic shift is imperative, one that aligns ethical business practices with the compassionate pastoral care of clients. A recent article in FT Adviser advocates for a transformative approach where financial advisers not only serve as guides in fiscal matters but also as empathetic supporters in their clients' personal … Continue reading Revolutionising Financial Advice: The Convergence of Ethics and Compassion →

Steve Conley Founder of Planning My Life & Academy of Life Planning December 12, 2023 In a world where the conventional methods of Chartered and Certified Financial Planning primarily revolve around intermediation, the Academy of Life Planning introduces a groundbreaking approach. Our expertise extends beyond these traditional frameworks, leveraging our unique roles in our community … Continue reading Elevating Financial Planning: Academy of Life Planning’s Revolutionary Approach →

Steve Conley Transforming Cashflow into Life's Opportunities | Founder of Planning My Life & Academy of Life Planning 203 articles March 12, 2022Open Immersive Reader A small proportion of the population can save their way to wealth by applying frugality and deferring earned income (money earned elsewhere) to investments and property. However, saving your way to wealth … Continue reading 10 Ways To Create Wealth From Scratch →

Exploring the implications of the FCA’s new proposals on financial advice. The Financial Conduct Authority’s (FCA) recent advice guidance boundary review marks a significant moment in the landscape of financial advice. The FCA's proposals are rooted in the admirable goal of expanding access to financial advice. However, the nuances of these proposals warrant a closer … Continue reading The FCA’s Advice Boundary Review: Striking the Right Balance in Financial Guidance →

Introduction: In light of the Financial Conduct Authority's (FCA) recent proposals on reforming the advice boundary, it's imperative to examine a critical, often overlooked aspect of financial planning. The prevailing industry approach leans heavily towards managing assets and selling financial products. However, what if there’s a more holistic, consumer-focused way to assist people with their … Continue reading Rethinking Financial Advice: Beyond Selling Products →

In the pursuit of financial freedom, the distinction between saving earned income and creating sustainable cashflows is pivotal. The Cashflow Coach, part of the esteemed Academy of Life Planning, offers a revolutionary approach to lifetime cashflow planning. Unlike traditional financial advisers who focus on preserving the cashflows you've already generated, The Cashflow Coach specialises in … Continue reading Maximising Cashflows: The Cashflow Coach Advantage →

Introduction: In a financial world often narrowed down to numbers and transactions, the Academy of Life Planning offers a groundbreaking perspective. We embrace a philosophy that goes beyond traditional financial planning, incorporating well-being in mind, body, heart, spirit, and bank account. This holistic approach, recently validated by insights from a leading consulting firm like McKinsey, … Continue reading Integrating Well-being into Financial Planning: The McKinsey Insight and the Academy’s Vision →

Addressing the Concerns of Aspiring Financial Planners Amid Regulatory Pressures The landscape of financial advice is undergoing a significant transformation, influenced by increasing regulatory pressures. The Financial Conduct Authority (FCA) has recently intensified its oversight on personal investment firms, particularly small boutique establishments, signalling a shift in the industry's operational dynamics. This shift has left … Continue reading Navigating New Horizons: Embracing the Future of Non-Intermediating Financial Planning →

In the ever-evolving landscape of financial services, regulatory changes are a constant. The latest proposals by the Financial Conduct Authority (FCA) to enhance capital requirements for personal investment firms mark a significant shift. This change, primarily impacting smaller Independent Financial Adviser (IFA) firms, necessitates a strategic rethink. Firms must now innovate and explore new business … Continue reading Navigating New Norms: Innovation as the Key for Financial Firms’ Sustainability →

In an illuminating discussion on the FTAdviser Podcast aired on September 22, 2023, industry experts, including Steve Conley from the Academy of Life Planning, deliberated on the potential merits of separating financial advice from financial planning. This separation aims to address the advice gap and enhance financial education, especially for younger generations and the 95% … Continue reading Empowering Financial Futures: The Shift from Advice to Planning →