Ben Goss: Three 'mega-trends' set to power financial advice forward

Three associated challenges

clock • 3 min read

Three mega-trends are impacting financial services around the world and posing challenges and opportunities for advice and planning firms like never before, writes Ben Goss

The three mega-trends are: The global move towards consumer protection Since the great financial crisis, governments and regulators worldwide have moved to put in place greater consumer protection for investors - and, while it may sometimes feel as if the UK regulator is particularly active, it is not alone. The EU is raising suitability standards across the rest of Europe through MiFID II, while the US is adopting a higher fiduciary standard for financial advice through the Department of Labor rule for retirement advisers. Introduced by Obama but squashed for a time under Trump it ...

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

The real test of AI? Who gains access to advice

The real test of AI? Who gains access to advice

Not everyone needs the same advice

Alistair Morgan
clock 30 October 2026 • 4 min read
AI volatility is a reminder that diversification is more than just fund count

AI volatility is a reminder that diversification is more than just fund count

'Nobody knows with certainty what happens next regarding AI'

Louis Hutchings
clock 29 October 2026 • 4 min read
Fintel names exec chair as it buys Mortgage Brain in £38m deal

Fintel names exec chair as it buys Mortgage Brain in £38m deal

Has held a stake in the mortgage technology business since 2024

Jen Frost
clock 23 October 2026 • 2 min read