Ian McKenna

Ian McKenna is director at the Finance & Technology Research Centre founded in 1995, which focuses on technology in the financial advice market.

He describes himself as a financial technology evangelist who is passionate about how technology can help people better understand money and take better decisions.

Ian has written widely for Money Marketing on the topic on financial advice and technology.

2

Ian McKenna: Are robo-advice users really protected?

It is important the industry finds ways to make investing easier but we must remember rules have evolved for good reason The debate over the regulatory standards for robo-advisers continues to intensify. The FCA’s recent review into automated advice services made it clear online discretionary investment managers must meet the same suitability standards as advisers. […]

Earth-Globe-Global-Sunrise-Space-700.jpg

Ian McKenna: Foundations laid for global financial regulation

The FCA‘s recent announcement of the establishment of a global regulatory sandbox – the Global Financial Innovation Network – is a great example of the UK’s leadership in the area. Regulator-bashing is a popular sport in our industry but the FCA does not get the credit it deserves for its proactive approach to innovation. Its […]

1

Ian McKenna: How tech incompetence could lose you 80 per cent of AUA

Not enough firms are building their proposition with the next generation in mind Evidence that firms can expect to lose over 80 per cent of assets under advice presents a serious reason to review operating models. Indeed, research has shown that, in the majority of cases, those inheriting wealth take the money to new advisers. […]

Ian McKenna: How short-term savings apps can help boost pensions engagement

Consumers spend far more time concerned with their day-to-day banking and budgeting than they do thinking about their long-term savings Aberdeen Standard head of retirement Gregg McClymont’s recent Money Marketing column  correctly identifies the challenge of achieving consumer engagement with pensions. A pensions dashboard solely accessible via the single guidance body is doomed to failure even before […]