It’s been a challenging year for many in the financial services industry, and you don’t need to be a futurist to see some of the immediate changes ahead, for example:
Increased monitoring and oversight from ASIC, backed by the Government
The end of the vertically integrated model
An acceleration of advisers leaving the industry
But what other changes can we expect, especially from trends and technology outside the industry? Let’s polish our crystal ball and look at what experts are predicting for the next few years.
In an article for the FPA’s magazine Money & Life, I wrote about three important trends, one over-hyped technology and three key skills for the future.