Simon Binney: Five predictions for the financial advice sector

Future gazing to 2029

clock • 5 min read

The next 10 years will see firms come and go as they claim their automated offering is best but, predicts Simon Binney, it is those that put ethical, professional and quality advice at their core that will naturally rise to the top

"Out of adversity comes opportunity," Benjamin Franklin once observed. The Retail Distribution Review changed the advice landscape beyond recognition, with many advisers opting to leave the market, but the long-term result has been a rise in innovation and fresh thinking. Agile fintech and technology start-ups have been racing to develop automated advice solutions able to deliver affordable and regulated advice to those previously not served by the traditional market. Over the past decade or so, we have seen the steady growth of automated advice but the big question now is - what will ha...

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

Adventures in AI: Words of wisdom on chatbots

Adventures in AI: Words of wisdom on chatbots

Part four in the series...

Mike Morrow
clock 19 August 2026 • 3 min read
The integration trap: Five questions wealth managers should be asking

The integration trap: Five questions wealth managers should be asking

A practical lens for leaders navigating integration

Barry Frame
clock 17 August 2026 • 4 min read
Licence to advise: Ensuring AI agents are designed for human clients

Licence to advise: Ensuring AI agents are designed for human clients

'Behavioural science needs to sit at the centre of how agentic AI is designed for financial advice'

Louis Williams
clock 17 August 2026 • 4 min read