CEO debate: Industry has to be 'forward and brave' to drive change

Four chief executive panellists explored what change means to them

Isabel Baxter
clock • 2 min read

The financial services industry needs to be ‘forward and brave’ to drive necessary change, delegates heard.

Speaking at the NextWealth Live 2024 conference, panellists Standard Life chief executive (CEO) Andy Curran; Schroders Personal Wealth CEO Mark Duckworth; Octopus Money CEO and Seccl chair Ruth Handcock; and Abrdn Personal Wealth CEO Richard Wilson shared their views on what changes means to them. Curran said there had not been much product innovation in the industry: "This is because sometimes, getting culturally comfortable with innovation and change can be difficult but you have to be determined." Curran added that the industry had to be enthusiastic and keep that energy up to driv...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advice firms report that around four in ten clients are vulnerable - MorganAsh

Advice firms report that around four in ten clients are vulnerable - MorganAsh

Data from the MorganAsh Resilience System

Jaskeet Briah
clock 28 May 2026 • 2 min read
Student loans present 'almost impossible' financial planning question

Student loans present 'almost impossible' financial planning question

To be a 'burden' for years to come, advisers say

Sophia Panayi
clock 28 May 2026 • 5 min read
Advice consolidation: Reputation, regulation and a transforming market

Advice consolidation: Reputation, regulation and a transforming market

Growth alone is no longer enough

Isabel Baxter
clock 27 May 2026 • 5 min read