Same Expertise. Different Price. The Academy of Life Planning has launched a new Cost Comparison Calculator to show what happens when the same level of professional expertise is priced in two very different ways. A Chartered Financial Planner can work in two fundamentally different models. As a conventional financial adviser, they may charge an ongoing … Continue reading Same Expertise. Different Price.
Tag: personal-finance
Do You Understand the Business Model Behind Your SJP Advice?
A clarity check for more than one million St. James’s Place clients Your adviser may know your family, your ambitions and your worries. They may have helped you through retirement, bereavement, a business sale or a difficult investment decision. You may trust them—and that trust may be well deserved. But there is another question worth … Continue reading Do You Understand the Business Model Behind Your SJP Advice?
From Registered Life Planner to Total Wealth Planner
Fifteen years ago, I completed the Registered Life Planner pathway with the Kinder Institute. It changed the way I listened, the way I planned and the way I understood the relationship between money and life. Today, I am a Total Wealth Planner. That journey was not a rejection of life planning. It was the next … Continue reading From Registered Life Planner to Total Wealth Planner
The FCA Is Shutting Down Investment Scams. But What Happens Before You Invest?
2,329 FCA Scam Warnings... But Would You Spot the Next One? The Financial Conduct Authority has published its latest Annual Report, highlighting a significant crackdown on investment crime. During the past year alone, the regulator issued more than 2,300 warnings about unauthorised or potentially fraudulent firms, secured criminal convictions for insider dealing and money laundering, … Continue reading The FCA Is Shutting Down Investment Scams. But What Happens Before You Invest?
Why Better Financial Decisions Begin with Better Questions
Why Better Financial Decisions Begin with Better Questions The latest Navigator™ update brings financial planning one step closer to real life. For decades, financial planning software has been built primarily for professionals. Most tools were designed to help advisers produce forecasts, reports and recommendations. They were never really intended to help individuals understand their own … Continue reading Why Better Financial Decisions Begin with Better Questions
Why Total Wealth Planning Could Be the Highest Return on Investment You Ever Make
People often ask whether they can justify spending time on Total Wealth Planning. I think they're asking the wrong question. The real question is this: What is the financial cost of not doing it? For decades, financial planning has often been presented as something that helps people "live a better life." That's true. But it … Continue reading Why Total Wealth Planning Could Be the Highest Return on Investment You Ever Make
17 Million Pension Policies. £500 Billion Invested. The FCA Says Many Could Be Poor Value.
The Financial Conduct Authority has issued a clear warning to pension providers. Millions of people holding older unit-linked pension and savings policies may not be receiving fair value. The scale is remarkable. Around 17 million policies. Around £500 billion invested. Many of these products are no longer sold. They sit quietly in the background, often … Continue reading 17 Million Pension Policies. £500 Billion Invested. The FCA Says Many Could Be Poor Value.
Three Bridges, Three Islands, One Journey
Over the years, I have come to realise that the Academy of Life Planning has never really been a place. It has been a series of bridges. When I first started this journey, I thought I was helping planners cross a single divide. On one side stood financial advice. On the other stood financial planning … Continue reading Three Bridges, Three Islands, One Journey
Is the Future of Wealth Management About Managing Portfolios — or Helping People Convert Their Whole Life into Agency, Ownership and Opportunity?
The recent launch of Factory Capital provides an interesting glimpse into the future of wealth management. On the surface, it is another wealth advisory firm entering the market. Dig a little deeper, however, and something more significant emerges. Factory Capital has not positioned itself primarily around investment selection, portfolio construction or retirement planning. Instead, it … Continue reading Is the Future of Wealth Management About Managing Portfolios — or Helping People Convert Their Whole Life into Agency, Ownership and Opportunity?
The PFS Agenda Tells Us Where Financial Planning Is Heading — But Also What It Still Struggles to Name
Financial planning is moving beyond products. The next step is to move beyond dependency. Financial planning is moving beyond products. That is good. For too long, the public understanding of financial advice has been shaped by pensions, investments, tax wrappers, platforms, funds, protection products, and later-life lending. These things matter. They can be useful. They … Continue reading The PFS Agenda Tells Us Where Financial Planning Is Heading — But Also What It Still Struggles to Name
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