Mark Loosmore: Where's my 'financial Fitbit'?

Consumer engagement leads to better understanding

clock • 3 min read

With wearable fitness technology all the rage, Mark Loosmore says the time has surely come for a similar device that encourages people to set, achieve and celebrate their financial goals

So how many of you reading this article own a Fitbit? I suppose there is a small chance some readers will not have heard of the Fitbit phenomenon but, if this is you, a good way to bring yourself up to speed is to take a quick look around. Whether you are commuting, on the street or in the office, chances are you will spot at least several people wearing this discreet and simple watch-like band around their wrists. The technology held within the Fitbit - which helps improve fitness by measuring physical responses such as steps walked, calories consumed and heart rate - has soared in p...

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 Technology

'Fool's gold' warning as more than half of consumers embrace AI for decision-making

'Fool's gold' warning as more than half of consumers embrace AI for decision-making

AI is increasingly shaping the future of financial services

Laura Miller
clock 17 September 2026 • 2 min read
Can investors with ethical considerations really avoid AI?

Can investors with ethical considerations really avoid AI?

Why it's complicated to avoid AI in investment

Ian Aylward
clock 16 September 2026 • 4 min read
Anthropic rolls out Claude for US financial advisers

Anthropic rolls out Claude for US financial advisers

Has ‘ready-made’ workflows, follow-ups, CRM updates and compliance checks

Sophia Panayi
clock 15 September 2026 • 2 min read