1. Identification of Competitors Direct Competitors (Non-FCA Regulated Financial Planners): These are firms offering holistic financial planning without intermediating product sales. They provide advice-only or life planning services and do not act as introducers to regulated advisers (i.e. they are not merely lead generators). Key examples include: Second Life Financial Planning (UK): A newly launched … Continue reading Competitor Analysis of Non-FCA Regulated Financial Planners (UK & International with UK Presence)
Tag: retirement-planning
The Death Knell for Asset-Based Adviser Charges: Why Fixed Fees Are the Future
The financial advice industry stands at a critical juncture. The UK government’s decision to bring inherited pensions within the scope of Inheritance Tax (IHT) is not just a tax change; it marks the demise of asset-based adviser charges. With this shift, advisers must adapt—or risk obsolescence. The only sustainable way forward? Fixed-fee advice that prioritises … Continue reading The Death Knell for Asset-Based Adviser Charges: Why Fixed Fees Are the Future
Gen Z is Redefining Financial Planning—The Industry Needs to Catch Up
Gen Z is proving to be far more financially astute than the traditional financial industry gives them credit for. While institutions persist with outdated, financial-capital-only strategies, this generation is approaching financial planning with a broader, more intelligent perspective—one that considers human capital, longevity, and a radically changed economic landscape. With many expected to live beyond … Continue reading Gen Z is Redefining Financial Planning—The Industry Needs to Catch Up
How Do I Invest for My Retirement? SIPP, ISA, or GIA?
The landscape of retirement planning has shifted dramatically over the years. Since Pension Freedom was introduced in 2015, many financial advisers have encouraged clients to use pensions both as an income source and an inheritance planning tool. However, with the recent changes announced in the 2024 Autumn Budget, retirement planning strategies require a serious rethink. … Continue reading How Do I Invest for My Retirement? SIPP, ISA, or GIA?
Why Retirement Planners Must Consider Human Capital Alongside Financial Capital
Retirement is no longer the full stop it once was. Increasingly, retirees are returning to work—not just for financial reasons, but also for social fulfilment and purpose. New research from Standard Life reveals that one in seven retirees has ‘unretired’ or is considering doing so. This trend highlights the crucial role that financial planners must … Continue reading Why Retirement Planners Must Consider Human Capital Alongside Financial Capital
The Hidden Tax Raid on Pensions: What You Need to Know
Recent changes to inheritance tax (IHT) rules on unused pension funds have created a quiet storm, but the impact could be catastrophic for many pensioners. From 2027, unused defined contribution (DC) pension funds inherited after the age of 75 will no longer be exempt from IHT. This has profound implications for retirees and their families, … Continue reading The Hidden Tax Raid on Pensions: What You Need to Know
The Pros and Cons of Taking Money from Your Pension Pot
Taking money from your pension pot at the age of 55 might seem like a tempting prospect. After all, it’s your hard-earned savings, and the freedom to access it early can feel empowering. But before making any decisions, it’s important to understand the potential benefits and risks involved. Let’s explore the pros and cons to … Continue reading The Pros and Cons of Taking Money from Your Pension Pot
Transforming Lives in El Salvador: Addressing Income Inequality through Life Crafting and Positive Financial Planning
El Salvador, a nation known for its resilience, faces a critical challenge—bridging the gap between poverty and prosperity. Through the innovative integration of Life Crafting and Positive Financial Planning (PFP), guided by the PERMAH model for well-being, a transformative programme is setting the stage to empower individuals and create a sustainable economic impact. A Holistic … Continue reading Transforming Lives in El Salvador: Addressing Income Inequality through Life Crafting and Positive Financial Planning
Broadening the Horizon: Why the 2025 Pensions Review Must Consider Human Capital
The government’s upcoming 2025 pensions review has sparked important conversations around the assets that underpin our financial futures. While many are rightly championing the inclusion of rainy day savings and property alongside pensions, the focus needs to go much further. If we stop there, we risk creating a narrow framework that inadvertently favours financial capital … Continue reading Broadening the Horizon: Why the 2025 Pensions Review Must Consider Human Capital
The Power of Reviewing Your Pension: Take Charge of Your Retirement Today
As retirement approaches, many people feel a growing need to review their financial arrangements. Recent studies show that the more you review your plans, the better you feel about your financial future. But here’s the good news: reviewing your pension doesn’t have to involve an ongoing relationship with a financial adviser. In fact, you can … Continue reading The Power of Reviewing Your Pension: Take Charge of Your Retirement Today
Academy of Life Planning 