Most financial planners are trained to think in terms of financial capital: portfolios contribution rates withdrawal sustainability asset allocation But as many planners approach the bridge—that moment where traditional advice starts to feel incomplete—one question keeps resurfacing: Why do our models ignore the single biggest driver of long-term financial outcomes? Human capital. A major cross-country … Continue reading Human Capital Is Not a “Soft” Concept. It’s the Missing Hard Evidence.
Tag: human-capital
The Bridge Financial Planners Are Standing On
What’s Missing from Financial Planning — and Why Total Wealth Planning Matters Now Most financial planners don’t wake up one morning and decide that financial planning is broken. They arrive at a quieter realisation. The plans are technically correct.The assumptions are defensible.The portfolios are optimised. And yet clients feel more anxious, more fragile, and more … Continue reading The Bridge Financial Planners Are Standing On
The Missing Asset in Most Cashflow Forecasts: Human Capital
Why financial planners approaching the bridge must rethink what they model For decades, financial planning has been built around a familiar architecture: assets, liabilities, returns, tax, inflation, and longevity. Cashflow forecasting became the gold standard—our way of demonstrating prudence, professionalism, and control. Yet there is a growing problem. Most cashflow forecasts systematically ignore the single … Continue reading The Missing Asset in Most Cashflow Forecasts: Human Capital
Two Worlds. One Bridge.
Why the Academy of Life Planning Exists There are two worlds living side by side. Most of us were born into the first. The Old World: Structurally Untrustworthy Systems The world we inherited is shaped by financial services, economics, politics, and religion built on intermediation. It is a world organised around power over people. Here, … Continue reading Two Worlds. One Bridge.
AI Didn’t Kill Work. It Killed the Old Map.
The debate about AI, work, and Universal Basic Income is accelerating. Government briefings. Think-tank papers. Media panic cycles. This week, the Institute of Economic Affairs reported that ministers are again exploring Universal Basic Income (UBI), driven by fears that AI will lead to mass unemployment. As Kristian Niemietz rightly points out, history doesn’t support that … Continue reading AI Didn’t Kill Work. It Killed the Old Map.
When Financial Education Stops — and Responsibility Begins
Most financial innovation cycles follow a familiar pattern. New ideas emerge.Confidence rises.Education accelerates.Narratives spread faster than understanding. This is not a criticism. It’s how progress has always unfolded — from railways to dot-coms to structured finance to today’s digital assets and alternative investments. The problem isn’t innovation. The problem is what happens after the confidence … Continue reading When Financial Education Stops — and Responsibility Begins
Standing at the Bridge:
Why Human Capital Is Pulling Financial Planning Beyond Its Old Limits Most financial planners were trained in a world where capital meant money, assets, and structures. But a growing body of research — including a widely cited study on the Significance of Human Capital for Economic Growth — points to a quieter truth: Financial capital … Continue reading Standing at the Bridge:
Why the Future of Financial Planning Is Human Capital-Led
Lessons for Financial Planners Aspiring to Become Total Wealth Planners For decades, financial planning has been built around financial capital: portfolios, products, performance and projections. Yet one of the most consistent findings in economic research tells a different story. Human capital—not financial capital—is the primary driver of long-term prosperity. A 2012 study published in the … Continue reading Why the Future of Financial Planning Is Human Capital-Led
AI Is Taking Jobs — But It Can Also Create Wealth. The Choice Is Ours.
Why the Total Wealth Plan is the missing bridge between technological disruption and human empowerment. Introduction: The Alarm Bell Britain Can’t Ignore According to business editor Jon Rees at The Times, artificial intelligence is now costing more jobs in the UK than it is creating. Research from Morgan Stanley found that UK firms using AI … Continue reading AI Is Taking Jobs — But It Can Also Create Wealth. The Choice Is Ours.
From Products to People: Human Capital Lessons for the Next Generation of Financial Advisers
Why the Future of Financial Advice Is Human, Not Just Financial For decades, mainstream financial advice has revolved around financial capital — portfolios, products, tax wrappers, asset allocation, and return optimisation. That model is now reaching its natural limits. A growing body of research — including OECD work on human capital and academic critiques of … Continue reading From Products to People: Human Capital Lessons for the Next Generation of Financial Advisers
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