Just the other day, someone commented on social media, "Well, financial planning certainly hasn't seen a great take-up thus far, has it!" – Financial advice tech consultant. This sparked a thought. From a marketing perspective, businesses often navigate between two different types of strategies: Red Ocean and Blue Ocean. These terms paint a vivid picture … Continue reading Choosing a Red or Blue Ocean Strategy in Financial Services
Tag: Financial Planning
Become a Holistic Financial Planner and Thrive Beyond Traditional Financial Advice
Many traditional financial planners find themselves at a crossroads. The weight of heavy regulation, the stress of compliance, professional indemnity insurance costs, and the ever-present pressure to sell financial products can take a toll. For many, it’s no longer just about offering the best advice, but navigating a system that demands more paperwork, more insurance, … Continue reading Become a Holistic Financial Planner and Thrive Beyond Traditional Financial Advice
The Great Adviser Exodus: Embracing a Values-Based Future in Financial Planning
The financial advice industry is seeing more professionals leaving than joining. And it’s not hard to see why. Financial advice, tied so closely to product sales, has increasingly become a sector dominated by sales targets and covering backs, rather than client care. This doesn’t align with what many of today’s new entrants to the workforce … Continue reading The Great Adviser Exodus: Embracing a Values-Based Future in Financial Planning
The GAME Plan: The Answer to Today’s Most Pressing Problems, Challenges, and Goals
In a world filled with complexity and uncertainty, people are constantly seeking solutions—whether for personal challenges, societal issues, or global goals. What if there was a singular framework that could address them all? The Academy of Life Planning’s GAME Plan offers just that. It is a comprehensive, science-backed, and empirically proven methodology that provides a … Continue reading The GAME Plan: The Answer to Today’s Most Pressing Problems, Challenges, and Goals
Incentives and Trust in Financial Planning: Are We There Yet?
For decades, we’ve seen efforts to improve the governance of the financial advice industry. Standards have been raised, consumer protections have been strengthened, and professional development has taken centre stage. Yet, despite this progress, the financial advice industry remains just that—an industry focused on manufacturing and distributing investment and insurance products. While the improvements are … Continue reading Incentives and Trust in Financial Planning: Are We There Yet?
Stop Letting the Tax Tail Wag the Dog: Why Simple Financial Strategies Beat Complex Schemes
We’ve all heard the phrase “don’t let the tail wag the dog,” but when it comes to tax planning, too many wealthy individuals are falling into that exact trap. Highly-paid advisers, with the best of intentions, often steer clients into complex, labyrinthine schemes designed to avoid tax. The result? Complicated financial lives and, in some … Continue reading Stop Letting the Tax Tail Wag the Dog: Why Simple Financial Strategies Beat Complex Schemes
Reclaim Your Future: How True Financial Planning Puts You in Control of Your Life and Wealth
The financial services industry often acts like an army of financial capital manufacturers and distributors. Their aim is to secure your disposable income as early as possible and keep it flowing to them throughout your working life. For around 40 years, you're expected to stay on the treadmill, handing over your hard-earned money for them … Continue reading Reclaim Your Future: How True Financial Planning Puts You in Control of Your Life and Wealth
The Role of Generic Financial Planning: Understanding the Difference Between Information and Advice
When it comes to financial planning, not all advice falls under the regulation of the Financial Conduct Authority (FCA). In fact, many financial planners offer generic advice that focuses on helping individuals explore their options without recommending specific products or solutions. While most people are familiar with regulated financial planners who offer tailored advice on … Continue reading The Role of Generic Financial Planning: Understanding the Difference Between Information and Advice
Financial Advice is an Industry, Financial Planning is a Profession
Many people assume that financial advice and financial planning are interchangeable terms – two ways of describing the same thing. However, this could not be further from the truth! The key difference between a financial planner and a financial adviser lies in their approach and focus. Understanding this distinction can make all the difference in … Continue reading Financial Advice is an Industry, Financial Planning is a Profession
Factoring Inheritance into Your Lifetime Cashflow Plan: The Risks and Alternatives
Many of us dream of reaching significant milestones, whether it's buying a home, starting a business, or planning that long-awaited adventure. In recent years, some have come to rely on the idea of an inheritance to help fund these major life events. But while it can be tempting to factor in an expected windfall into … Continue reading Factoring Inheritance into Your Lifetime Cashflow Plan: The Risks and Alternatives
Academy of Life Planning 