For decades, the financial planning profession has operated within a paradigm shaped by product intermediation. The old way trained advisers to act as intermediaries, bridging clients with financial products. While this served a purpose in its time, it left advisers with an incomplete toolkit, particularly for solving life’s bigger, more complex problems. Today, we’re at … Continue reading Breaking Away from the Old Paradigm: Financial Planning for a New Generation
Tag: finance
Where is the Old-School Financial Planning Model Heading?
The financial planning profession is at a crossroads. For decades, the old-school model dominated—a system where financial planners often doubled as financial advisers, wearing two hats. These professionals combined strategic financial planning with product-driven advice, often charging fees as a percentage of assets under management (AUM). However, cracks are forming in this model, and new … Continue reading Where is the Old-School Financial Planning Model Heading?
HapNav v2.0: Enhancing Your Financial Journey – Upgrade Details
This weekend, on Saturday 7th and Sunday 8th December 2024, HapNav, the revolutionary Happiness Navigator, will receive a major upgrade! Designed to empower you to take full control of your financial future, HapNav integrates seamlessly with Open Banking to deliver personalised financial planning. Why HapNav?HapNav is more than just a financial planning app. For just … Continue reading HapNav v2.0: Enhancing Your Financial Journey – Upgrade Details
CFA UK Joins the Chartered Body Alliance: A Step Towards Holistic Financial Planning
The financial services sector has just seen a significant development: the Chartered Financial Analyst (CFA) Society of the UK has joined the Chartered Body Alliance. This partnership, which already includes the Chartered Institute for Securities & Investment (CISI), the Chartered Insurance Institute (CII), and the Chartered Banker Institute, now represents nearly 225,000 professionals. The addition … Continue reading CFA UK Joins the Chartered Body Alliance: A Step Towards Holistic Financial Planning
Whose Voice Matters Most? Consumers, Regulation, and the Fight for Fairness
When it comes to financial regulation, consumers should always come first. Protecting them is—or at least should be—the primary objective of any regulatory body. But is that truly what’s happening in the UK today? Increasingly, it feels like the voices of ordinary people are being drowned out by the deafening lobbying power of financial institutions. … Continue reading Whose Voice Matters Most? Consumers, Regulation, and the Fight for Fairness
Unmasking the Highway Robbers: Your Chance to Make a Difference
For too long, a shadow has loomed over the financial services industry. Stories of exploitation, regulatory blind spots, and unchecked malpractice have left many feeling powerless, unheard, and robbed of what is rightfully theirs. But now, there’s a growing movement to shine a light on these injustices, and you can be part of the change. … Continue reading Unmasking the Highway Robbers: Your Chance to Make a Difference
From Financial Planning to Holistic Wealth Planning: A Broader Perspective
A fellow Chartered Financial Planner recently shared a thought-provoking post titled, "WTF is Financial Planning?!" It described a solid approach to traditional financial planning—covering goals, managing resources, and ensuring a balance between living well and preparing for the future. While it was a great outline for what many consider "best practice," it made me reflect … Continue reading From Financial Planning to Holistic Wealth Planning: A Broader Perspective
Bridging the Empowerment Gap: Why Financial Empowerment, Not Advice, is the Future
For too long, the financial services industry has focused on solving the wrong problem. The buzzword has been the “advice gap” — a perceived lack of accessible financial advice for the masses. But the truth is, the real issue isn’t advice; it’s empowerment. People don’t need to be sold financial products disguised as solutions. They … Continue reading Bridging the Empowerment Gap: Why Financial Empowerment, Not Advice, is the Future
Creating Clarity in Financial Services: Why Role Definitions Matter
In financial markets worldwide, establishing clear distinctions between different service providers is essential to ensure transparency, fairness, and better outcomes for investors. By setting specific roles and responsibilities, regulators and industry leaders create an environment where individuals can confidently make financial decisions, knowing they are based on unbiased and accurate guidance. Why Clear Role Definitions … Continue reading Creating Clarity in Financial Services: Why Role Definitions Matter
Why Do 80% of Financial Advisers Want to Expand Auto-Enrolment? A Closer Look at the Debate
In a recent survey by fintech firm iPipeline, over 80% of financial advisers expressed support for changes to the UK’s auto-enrolment pension system. Many called for a lower minimum age and higher contributions, aiming to bring more people into the fold. Some called for dropping the Lower Earnings Limit deduction and the trigger point to … Continue reading Why Do 80% of Financial Advisers Want to Expand Auto-Enrolment? A Closer Look at the Debate
Academy of Life Planning 