Industry news and views from Panacea and our partners.
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Navigating the Storm: The Biggest Challenges Facing UK Financial Advisers in 2025
In 2025, UK financial advisers are facing an increasingly complex and demanding landscape. With rising operational costs, tightening regulations, demographic shifts, and evolving client expectations, advisers must navigate significant hurdles to sustain and grow their businesses. These challenges are reshaping the financial advice industry, forcing firms to rethink strategies and adopt new technologies.
Vetted Adviser - What makes them different
At Vetted Adviser, we're not just tech innovators we're experienced and qualified financial advisers who have built highly successful platforms. This unique combination means we deeply understand the challenges advisers face and the evolving needs of their clients.
The Future of Financial Advice? Agentic AI isnt the Silver Bullet everyones claiming in 2025 but its full of promise where it counts
As we step into 2025, artificial intelligence (AI) continues to shake up the world of financial services. One of the most intriguing trends is the rise of agentic AI systems autonomous agents that can tackle complex, multi-step workflows with little to no human intervention.
Get Vetted, Get Valued: The Smart Way to Stand Out as a Financial Adviser
As a financial adviser, you understand the importance of staying ahead in an ever-evolving industry. Your clients trust you with their financial futures, and they rely on your expertise, integrity, and professionalism. But how do you differentiate yourself in a crowded marketplace and showcase your commitment to excellence? Thats where Vetted Adviser comes in.
Financial Planning 2024: Salary trends and industry insights
Discover the latest trends with Paul Harper Searchs highly anticipated 2024/2025 salary guide. Paul Harper Search is proud to present the 2024/2025 Financial Planning: Fascinating Facts and Figures Salary Guide - an essential resource for Financial Planning Business Owners, Directors, and Financial Planners.
The law of action - why action beats attraction
Do you want to build a better, more profitable practice but finding progress is painfully slow? You have probably heard of 'The law of attraction'. The idea gained huge popularity when the film and then the book, 'The secret' was released.
Seven ways to become effortless to do business with
One of the keys to creating a thriving practice is to make it effortless for clients to say 'Yes' to doing business with you.
The end of sales techniques: How authentic connection drives results
Being able to positively influence someone and confidently sell your services are essential skills if you want to build a thriving financial planning practice.
You Gov: UK consumer bank rankings 2024
With younger consumers more likely to be shopping around for new accounts, are challenger brands coming out on top?
You Gov: Planning for tomorrow: GB retirement report 2024
While retirement is an eventual goal for most Brits, the desired and expected age of retirement differs across generations. Whats driving this generational divide, and does each age group equally trust that they will be financially secure when they retire? The report combines YouGov Profiles data with insights from a global retirement attitudes survey containing more than 2,000 UK respondents.
Annual Salary Survey
Paul Harper Searchs annual Financial Planning: Fascinating Facts and Figures salary survey is closing soon!
Crafting a Powerful LinkedIn Profile: Your Digital First Impression
LinkedIn has evolved far beyond its early days as a professional social network where users simply uploaded their resumes. With over 250 million members and growing rapidly, LinkedIn has become an essential tool for career growth, networking, and personal branding says Matt Craven at PH Career Services. Its not just a platform for professionals to connect; its a critical space where recruiters actively seek out candidates. If youre job hunting, neglecting your LinkedIn profile is a missed opportunity.
Mastering CV Writing: The Art of Showcasing Achievements
Crafting a compelling CV is a crucial step in securing your dream job, but it's not just about listing your work history and responsibilities. In today's highly competitive job market, where employers sift through dozens, if not hundreds, of applications for each vacancy, your CV must stand out.
The Most Common Mistakes Made in Job Interviews
Job interviews are pivotal moments in your career journey, often determining whether you advance to the next stage or miss out on an opportunity. Yet, many candidates unknowingly make mistakes that can sabotage their chances of success. Understanding these common pitfalls and how to avoid them can give you a significant edge in your next interview.
The Evolution of Critical Illness Claims: Transparency, Disparities, and the Road Ahead
It was 20 years ago today. No, not when Sergeant Pepper taught the band to play - that was 1967. Im referring to 2004, the year insurers began releasing critical illness claim statistics.
How to start a financial planning conversation
There still seems to be a substantial number of advisers and firms that kick off a client conversation with some version of Let me tell you about me (my firm, my process, etc). The problem with this is not that a client does not want to know this information. Maybe they do or maybe they dont.
Why your financial planning practice culture is the key to delivering exceptional service
Are you committed to delivering exceptional client service?
Real financial planning - is it just about the money?
Far too many financial advisers and planners seem to assume that a clients primary interest is in financial products, investments, and what the markets are doing.
The Value of Professional Qualifications
The Past Back when I gained my Chartered qualification, through the CII, it took a lot of work but had very little practical value when completed.
Mind The Gap - Addressing Career Gaps
Often, CVs come across my desk, and instantly, its evident that there is a gap in the career history, and this hasnt been addressed. This is a red light to a recruiter or hiring manager.
Quilter: Join an expert advice business
Quilter Financial Planning offers a wide range of support and flexible options. So, whatever your circumstances, there are ways we can help.
Choose Quilter Financial Planning
As an adviser, partnering with the right network can really enhance your success. Whether youd like consultancy support to unblock challenges and help you grow, the ability to run your business more profitably, or greater protection for your clients and your business when its time to sell, Quilter Financial Planning is here to work with you.
Quilter: Hear from Nik Bromley, Managing Director of IP Wealth Management
Nik Bromley from IP Wealth Management discusses how he has grown his business with the help of Quilter Financial Planning in this two minute video.
How Quilter Financial Planning supports you
In this two minute video, advisers highlight how Quilter Financial Planning has supported their businesses including training, compliance and access to relationship managers.
Why Join Quilter Financial Planning
View this two minute video and hear from other advisers who have joined Quilter Financial Planning and how they have helped.
Quilter: Looking to join a successful advice business?
At Quilter we offer a wide range of support to help you grow your business.
You gov: How has the financial services industry responded to Consumer Duty
During extensive consultation with clients over the last couple of years connected to consumer duty, it became clear that a firms assessment of how well they were doing when it came to consumer duty was principally driven by an internal assessment of what they were doing and how this aligned to the core principles of consumer duty. This led to a mixed response from clients with some believing that they were already doing everything that they needed to be doing and others feeling more worried about the new standards that had been set. It is against this context that we concluded that there was a lack of consumer feedback in terms of how well firms were doing when it came to consumer duty and that this gap was something that YouGov was very well positioned to fill.
You Gov: Heres what Britons are saying about AI's role in finance
A recent YouGov survey of 2,097 British adults delved into their awareness, trust, and expectations regarding role of AI in finance. The findings offer a nuanced view of public opinion on this technology.
You Gov: Economic optimism has risen since the election
Net economic optimism increases from -16 before the election to -2, but the public still think the economy is in a bad state
Reviving an Unloved Brand
A prominent example of an unloved brand that was successfully turned around is Apple Inc. in the late 1990s. When Steve Jobs returned to Apple in 1997, the company was struggling with significant financial losses, a tarnished public image, and a lack of direction. Once a pioneer in the personal computer industry, the brand had become nearly irrelevant in the market, overshadowed by competitors like Microsoft.
Your Shop Window The Importance of Personal Branding
Have you ever looked at how you are perceived online by those who dont know you? In this day and age, when you can be Googled and found on LinkedIn, Facebook, etc., it is so important to make sure that your shop window is how you would like it to be.
Rising Financial Planner Salaries - Real or Fake?
Are quoted IFA salaries real? This is a question we're asked every time one of our salary surveys hits the press. While many people recognise that the market for financial planners has been rising over the years, plenty of cynics still think recruitment companies make it up. Our latest salary survey shows that the average financial planner employed in the UK earns a basic salary of £79,591 and a total package of £102,356. While this will vary by region, we can also give you some information on that. The highest-paying region is London, where the basic salary is £91,250, and the total earnings are £108,950.
Paul Harper Search: Senior Chartered Financial Planner & Team Leader
Our client is a leading Chartered Financial Planner business with ambition and funds to grow rapidly. All clients provided.
Embracing Diversity: A Guide to Inclusive Recruitment
Equality, Diversity, and Inclusion (EDI) is not just an ethical imperative; its a strategic advantage for businesses in an increasingly diverse, competitive, and interconnected world.
A Guide to Defining Your Career Path
I speak to Financial Services professionals daily about their next career move. Candidates often have thought very little about their future career path and aspirations, even though we spend almost 30% of our waking hours at work.
Re-Discover your Real Purpose as a Financial Planner
Being a financial planner can be hard. The role can result in long hours, periods of stress and pressure, and if we are not careful, this can lead to burn out. It can be easy to fall into the trap of becoming easily distracted, preventing you from performing to your peak performance.
The biggest challenge (and opportunity) in the financial planning process
In a perfect world a client goes through the financial planning process and implements the recommendations and advice they are given. As a result, they are happy and achieve their goals. Yet we are not living in a perfect world, which presents both a challenge and an opportunity for financial planners and their financial planning process.
UK savers and spenders 2024
Interest rates and the cost of living started sharply increasing across the UK in late 2021, with the annual inflation rate reaching 11.1% in October 2022, a 41-year high. UK consumer prices, as measured by the Consumer Prices Index (CPI), were 4.0% higher in January 2024 than a year before.
Will your financial plan pass the 'so what' test?
Imagine that you have gone through the discovery process with your client and your next meeting is to present your carefully crafted financial plan. You want the meeting to be a success and have the client be enthusiastic about your recommendations.
Integrity: It is more important than we think
As professional people we highly value integrity, right? We like to think of ourselves as being a person of integrity and we want other people to act with integrity towards us.