Industry news and views from Panacea and our partners.
The NexStage
The three tiers of AI maturity… why most advice firms are stuck near the bottom
The firms moving up through the tiers have one thing in common – and it is not budget. It is leadership that treats AI as an organizational, rather than technological, question.
Reputation: Years to build, moments to unravel
Why preparation matters more than damage control for the reputation of your advice business.
Consumer Duty: What the FCA’s latest guidance means for smaller advice firms
The FCA has quietly published an update on Consumer Duty reporting following its review of the first annual reports produced under the regime.
When AI Chooses Your Adviser: Visibility vs. Suitability
Traditionally, finding an advisor was imperfect but transparent. A Google search, a personal referral, an advert, or maybe even a cream tea at a country club. The adviser could choose their niche. The client had options and personal referrals. Consumers had time to compare and overlay their own judgment, and often discovered what they really needed in the process.
Consumer trends, contentment and the quiet majority
How advisers can engage stable, supposedly low-movement households.
Growth with intent
Most advice firms don’t lack ambition. They lack architecture. You hit £5m, £10m in revenue. You bring in advisers, hire a COO, get a project around technology. You’ve got three-year forecasts, hiring plans, and AUM targets. Maybe even a succession framework someone called “robust.”