Applied Financial Planning
BusinessFIT: Navigating towards the advice practice of tomorrow (Part one)
BY

It seems that barely a day goes by where financial advisers aren't bombarded with media headlines heralding the onslaught of 'fintech': the next gen technology promising to disrupt the traditional financial advice model.
And while it is undeniable that the rapid pace of innovation now means consumers have access to more information - way more than we can ever process - in real time, in multiple formats, and via multiple devices, to consume whenever and wherever we like, there are also broader trends afoot that are poised to shake up the financial advice sector as we head towards 2020 and 2025.

At Zurich, we've been partnering with financial advisers for many years to help develop resources and tools, and share best practice thinking to help ensure the continued success of the financial advice profession in Australia.

However, as the scope of innovation continues to evolve, so does the way we need to respond. In addition to the proliferation of fintech, Zurich has identified five other seismic shifts within society that could transform the future of advice as we head towards 2020 and 2025.

In this whitepaper, BusinessFIT: Navigating towards the advice practice of tomorrow, we are taking into account the seismic shifts underway in society across the areas of regulation, technology, generational succession, and changing consumer values and explore the fundamental question:

"What is the ecosystem of lifestyle and dream attainment in the next 3-8 years?"

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