The qualities that help leaders reimagine institutions can also prevent them from seeing what their institutions have become Trust, curiosity and optimism sound like exactly the qualities leaders need in the age of AI. Charlie Nunn, chief executive of Lloyds Banking Group, recently discussed all three in a McKinsey interview about institutional longevity, technological change … Continue reading Trust, Curiosity and Optimism in the Age of AI
Tag: technology
Institutions May Divide the Case Between Themselves. Academy OS Gives the Individual a Complete View of the System.
A scam rarely happens in one place. A fraudulent advert may appear on Facebook. The conversation moves to WhatsApp. A convincing phone call follows. Money leaves a bank account, passes through another institution and eventually reaches a cryptocurrency platform. The criminal sees the entire journey. Each institution sees only its own part. And the victim … Continue reading Institutions May Divide the Case Between Themselves. Academy OS Gives the Individual a Complete View of the System.
Before asking whether AI gives the wrong financial advice, we should ask whether the industry has been measuring the right kind of wealth
A striking headline appeared in Financial Reporter: “AI models give wrong financial advice 57% of the time.” The claim came from research commissioned by financial technology company Saturn. It reportedly tested 18 AI models using 121 financial questions, repeated five times, producing more than 10,000 responses. Across those responses, 57% were classified as wrong. On … Continue reading Before asking whether AI gives the wrong financial advice, we should ask whether the industry has been measuring the right kind of wealth
How to Stop Making Scams So Easy
In response to the collapse of Woodville Consultants and a challenge from The Times, we have updated Investigator™—because government should close the loophole, but people need protection while it remains open A form is placed in front of an investor. It asks them to confirm that they are “high net worth” or a “sophisticated investor”. … Continue reading How to Stop Making Scams So Easy
The Establishment Is Defended. The Market Keeps Moving. The Profession Is Left Looking Backwards.
A professional body may believe it is protecting financial planning by excluding challenges to the established model. It may actually be protecting its members from the very ideas they most need to hear. I was scrolling through the programme for this year’s Festival of Financial Planning when the pattern became difficult to ignore. There were … Continue reading The Establishment Is Defended. The Market Keeps Moving. The Profession Is Left Looking Backwards.
When fraud takes your money it also tries to take your agency
£70M FRAUD. 15 YEARS IN JAIL. BUT WHO HELPS THE VICTIMS? The latest release of The Recoverer ™ is now available free at http://www.the-recoverer.app A £70 million pension fraud has ended with three men in prison. But the story exposes a harder truth: justice may arrive years later, while victims need a practical way to … Continue reading When fraud takes your money it also tries to take your agency
The Future Isn’t Trusted AI. It’s Capable Humans Using AI.
People are already asking AI what to buy, what to invest in, what something means and what they should do next. There is just one problem. They do not necessarily trust the answers. Recent McKinsey research found significant scepticism towards algorithm-driven sources of information, with trust in generative AI below 40 per cent. Yet consumers … Continue reading The Future Isn’t Trusted AI. It’s Capable Humans Using AI.
The Age of Aquarius Is Not Something That Happens to Us. It Is Something We Build.
Restoring human agency in the age of AI For most of human history, power has followed scarcity. If knowledge was scarce, those who possessed knowledge held power. If capital was scarce, those who controlled capital held power. If access to markets, institutions, law, medicine, education or professional expertise was scarce, the organisations controlling that access … Continue reading The Age of Aquarius Is Not Something That Happens to Us. It Is Something We Build.
The First Dividend From AI May Be an Agency Dividend Before It Becomes a Financial Dividend
On 25 August 2026, McKinsey published two complementary pieces on the next stage of artificial intelligence: its global survey, The State of AI in 2026: On the Road to ROI, and a shorter commentary, Four Perspectives on What Matters Now in AI. Together, they reveal an important tension. AI adoption is accelerating, individual productivity and … Continue reading The First Dividend From AI May Be an Agency Dividend Before It Becomes a Financial Dividend
Use AI at Your Own Risk? What About the Risk of Having No Help at All?
City AM reports that the FCA has warned consumers using AI for investment decisions that they may have little or no regulatory protection if things go wrong. That is an important point. But it also raises a bigger question that the warning itself does not really answer: what is the realistic alternative for people who … Continue reading Use AI at Your Own Risk? What About the Risk of Having No Help at All?
Academy of Life Planning 