AI, Ethics, and the Advice Line How Total Wealth Planners Stay on the Right Side of Both FCA and CMA Regulation Using AI as a client-empowerment tool — without drifting into regulated advice or consumer law risk Artificial intelligence is fast becoming one of the most powerful tools in the Total Wealth Planner’s toolkit. Used … Continue reading AI, Ethics, and the Advice Line: How Total Wealth Planners Stay on the Right Side of Regulation
Tag: total-wealth-planning
Most of a Person’s Wealth Is Not on a Balance Sheet — It Walks Into Work Every Day
A practitioner insight for Total Wealth Planners Traditional financial planning has taught generations of advisers to look down—at balance sheets, portfolios, wrappers, and projections.Total Wealth Planning asks us to look up—at the living, breathing human being who generates, sustains, and renews all of that capital. A growing body of academic research confirms what many of … Continue reading Most of a Person’s Wealth Is Not on a Balance Sheet — It Walks Into Work Every Day
The Planner’s Tension:
Why “Complexity” Doesn’t Increase With Age — It Shifts As more traditional planners explore Total Wealth Planning, a recurring tension often surfaces: “Planning becomes more complex as clients get older.” It’s a reasonable assumption.It’s also incomplete. What actually changes over a lifetime is not the level of complexity, but the composition of wealth — and … Continue reading The Planner’s Tension:
Planning for Total Wealth: Why Human Capital Must Be at the Heart of Lifetime Planning
Most new financial advisers are taught to plan only half a life. The familiar model—accumulation, transition, retirement, legacy—has become so normalised that few stop to ask a more fundamental question: What exactly are we planning? The answer, in practice, is almost always the same:financial capital. Savings. Investments. Pensions. Decumulation strategies. Estate planning. All important.All necessary.But … Continue reading Planning for Total Wealth: Why Human Capital Must Be at the Heart of Lifetime Planning
AI Cash-Flow Planning vs Traditional Lifetime Cash-Flow Tools
A reflection for planners navigating what comes next For decades, lifetime cash-flow planning tools have played a central role in professional financial planning. They brought structure, consistency, and a sense of rigour to conversations about the future. Many advisers built their confidence — and their practices — around them. So it’s understandable that the emergence … Continue reading AI Cash-Flow Planning vs Traditional Lifetime Cash-Flow Tools
Human Capital Is Not a Soft Idea
Why Total Wealth Planners Are Closer to Economic Reality Than the Mainstream For over two centuries, economists have been telling us something the financial services industry still struggles to hear: Wealth is created by people, not products. A recent academic review of human capital theory traces this insight from Adam Smith through to modern growth … Continue reading Human Capital Is Not a Soft Idea
When Human Capital Increases Inequality
Critical lessons for Total Wealth Planners from the latest economic evidence For decades, financial planning has rested on a comforting assumption: If we educate people more, inequality will fall. It feels intuitively right. Education raises earnings. Skills create opportunity. Human capital lifts all boats. But the evidence no longer supports that simple story. A major … Continue reading When Human Capital Increases Inequality
Human Capital Is the Missing Asset Class: What Total Wealth Planners Must Learn from the Energy Transition
What Do We Mean by the “Energy Transition”? The energy transition refers to the global shift from fossil-fuel-based energy systems (coal, oil, and gas) toward cleaner, lower-carbon sources such as renewables, electrification, and energy efficiency. At its core, it is not just a technological upgrade. It is a structural transformation of how economies produce, distribute, … Continue reading Human Capital Is the Missing Asset Class: What Total Wealth Planners Must Learn from the Energy Transition
AI isn’t replacing financial planners. But it is changing what good planning looks like
There’s a lot of debate right now about whether AI can “do” financial planning. I think most of that debate misses the point. AI doesn’t replace judgement, empathy, or trust.It never will. But it does remove friction from planning. It helps people: organise complexity see their whole picture clearly explore scenarios they’ve been avoiding articulate … Continue reading AI isn’t replacing financial planners. But it is changing what good planning looks like
From Evidence to Empowerment: Why Financial Literacy Tests Are Necessary — and Why They Are Not Enough
An Academy of Life Planning perspective on Britain’s overdue reckoning Last week, Michael Mainelli, Chairman of Z/Yen Group and former Lord Mayor of the City of London, published a sharp and timely intervention calling on the UK to stop avoiding international scrutiny and finally participate in the OECD PISA Financial Literacy Assessment. His argument is … Continue reading From Evidence to Empowerment: Why Financial Literacy Tests Are Necessary — and Why They Are Not Enough
Academy of Life Planning 