Excellent article on the challenge of trying to force consumers into a “fee for service” payment model when it comes to insurance advice and insurance-buying. It will not be as simple or easy as the theorists believe…
Information, ideas, tips…the articles for professional advisers which I spotted this week that generate fresh thinking or a deeper understanding of issues are provided here as a quick readers digest for professionals who are looking ahead.
These are the highlights from the week that you should stop and read, as they are the best I’ve seen.
There is so much good information for professional services made available each week, much of which I share, that it is very easy to forget to pause and reflect.
Each week I select the best handful and give them Tony’s BIG Ticks as being the ones that made me pause and reflect, or think further. They are sometimes thought-provoking, perhaps insightful, maybe a great sales or marketing idea or sometimes just incredibly topical.
Superbly detailed article on why consumers behave the way they do, and what really guides their investing decisions and risk assessments…
VERY interesting look at the results of a survey of 2,500 advisory firms & teams about how they see the future and how they are evolving to position for it…some good thinking for many other firms in here I’d say…
“…“transactional” advisers are providing statements of advice to clients who do not have the ability to make fully informed decisions. It’s a problem that’s increasing with the ageing population and one that poses a significant legal threat to the advice profession …“
The data is in.
Well. You wouldn’t want to switch firms too often then, would you?