Business Management

In sharing with you this #MomentswithSue video that was filmed on the IP Thought Leaders study tour to San Francisco in September; I am introducing you to one of my favourite guests, Rich Arnold. Rich shared his experiences with what Fintech companies are doing, and the impact...

We are at a point in history where the changing needs and desires of consumers, the evolution of technology and increasing intervention from government are converging on the advice profession to force significant change. While an adviser may have been able to ignore (or simply miss) the changing needs of potential clients, and remained naive to the impact of changes in technology, the new adviser education standards and changes in the Life Insurance Framework will significantly impact most business owners. They now have to act - if they don't they may no longer be licensed, or may simply go out of business when their cashflow takes a significant hit. "Oh great", I hear you say - "yet another article trying to scare me about robo-advice, insurance commissions, my relevance in a changing world etc". Well don't worry - I know you get enough of that elsewhere. No, I want to give you some thoughts on how to get through it.

We've been busy these past few months, starting to work with advisers on how to handle the proposed Life Insurance Framework when it gets implemented.  Two weeks after receiving confirmation that the new government is supporting the industry-proposed new Frameworks, I thought it might be helpful to share a few free resources we've developed.