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

CII publishes vulnerability data guidance for firms

CII publishes vulnerability data guidance for firms

Consumer Duty and GDPR

Cameron Roberts
clock 19 June 2026 • 2 min read
Baillie Gifford rolls out Sharia-compliant fund amid 'strong' demand

Baillie Gifford rolls out Sharia-compliant fund amid 'strong' demand

Follows engagement with Islamic finance scholars

Sophia Panayi
clock 18 June 2026 • 2 min read
Charging deceased clients accidentally 'more common' than advice profession would like

Charging deceased clients accidentally 'more common' than advice profession would like

‘The fee outlives the service because the records do not talk to each other’

Sophia Panayi
clock 18 June 2026 • 4 min read