How tech can solve financial planning's biggest problems

Evaluate processes from start to finish from the client's perspective

clock • 7 min read

Financial planners face a raft of operational inefficiencies, writes Scott Daniels. Here he discusses the current pain points and explores how technology can ease the burden

I recently sat down with the guys at Next Gen for their brilliant morning commute show (if you haven't checked it out, I highly recommend you do!).  The topic for discussion was operational inefficiencies facing financial planners. This got me thinking, and boy, do we have a lot. Without getting overwhelmed, I tried to focus on two main areas where we as a business see significant inefficiencies.  Firstly, and no surprise, is data. Data drives everything in a business and, frankly, data is all over the place. The issue is not so much that it is everywhere; it's that it's inconsiste...

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

From chaos to calm: How AI saved my Christmas sanity

From chaos to calm: How AI saved my Christmas sanity

'My brain thinks in spreadsheets, not sparkles'

Jane Hepburne Scott
clock 15 December 2025 • 5 min read
Dynamic Planner CEO on AI's role in 'trusted advice'

Dynamic Planner CEO on AI's role in 'trusted advice'

‘The challenge is that delivering advice is hard’

Isabel Baxter
clock 09 December 2025 • 6 min read
FCA reveals first group of financial firms to take part in AI testing

FCA reveals first group of financial firms to take part in AI testing

To deploy ‘safe and responsible’ AI

Cristian Angeloni
clock 03 December 2025 • 1 min read