In just over four weeks Chancellor Rachel Reeves will set out her Budget plans and how she will tackle rising public spending and raise more revenue.

I was pleased to see this week that the Chartered Institute for Securities & Investments (CISI) has joined with other professional bodies in urging stronger governance on the ethical threats for financial professionals in using AI (Artificial Intelligence).

The precipitous decline of wealth manager and Financial Planner WH Ireland has been like watching a car crash unfolding before your eyes.

There was worrying news this week that pension drawdown users are taking out far too much cash from their pensions.

I attended the CISI Financial Planning Conference in Windsor this week and I can report that, despite all the challenges, the mood, or the vibe as many call it these days, was a good one.

I was intrigued and more than a little worried this week by a report about consumer expectations of an inheritance windfall. It turns out many millions see an inheritance windfall as almost guaranteed.

There are some intriguing demographic changes coming down the road in terms of longevity which government policymakers - and Financial Planners - will have to take on board.

For at least the past 10 years, the wealth management and Financial Planning sectors have talked about the 'Great Wealth Transfer' but I’m beginning to wonder if much of that is under threat.

It appears that the Consumer Duty has resulted in several positive outcomes, however one thing it has failed to shift is the mountain of paperwork which still deluges most clients.

Sasha Wiggins, the CEO of Barclays private banking and wealth management arm, has a job on her hands.

Amid fears this week about Chancellor Rachel Reeves raiding pensions to plug tax gaps, there was better news on the State Pension for women.

Back in 2002 Donald Rumsfeld, US Secretary of Defence, coined a phrase which has been repeated a million times since but I’m increasingly wondering whether it could be applied to UK pensions and ultimately financial advice (or rather lack of it).

I attended the launch in central London this week of the Personal Finance Society’s £1m drive to find new blood for the profession and tackle the worrying long-term decline in new entrants. It was a sobering morning.

I don’t think I was the only one a little surprised by the Chancellor’s decision this week to order a significant review of at least part of the Consumer Duty, which was only fully introduced in 2023.

The sheer scale of the financial scams and cons facing the UK came home to me this week with the publication of the FCA’s latest report on the many suspect financial promotions it had tackled over the past year.

Nothing sums up Britain’s rising claims culture than the astonishing figures published by the Financial Ombudsman Service this week.

Our annual Financial Planning Today survey is under way and the early findings are already revealing some surprising findings, including the depth of confidence in the profession despite the economic headwinds and concerns about the rising cost of regulation.

Financial Planners, of course, concentrate on the better off. They need to focus on people able and willing to pay their fees and that’s perfectly reasonable, indeed it's a business requirement.

A new offering from wealth manager and Financial Planner Foster Denovo caught my eye this week as one possible pointer to the promised ‘financial guidance’ future.

Today the FCA announced it was spearheading a global crackdown on rogue social media influencers. About time many will say.