The ifatools.ai blog
Insights on AI for financial advisers
News, guides and practical thinking on AI in UK financial advice, from the team building ifatools.ai.
Articles
45 articles
All articles
Capacity for loss vs attitude to risk: getting the difference right
Capacity for loss and attitude to risk are separate assessments that are often blurred. What FG11/05 and COBS 9A say, the common mistakes, and what CP26/10 proposes for a single attitude to risk concept.
Introducing AI in an advice firm: a practical rollout plan
A step-by-step plan for introducing AI in a small advice firm: choosing the first job, the DPIA, data and accounts, supervision and sign-off, and measuring whether it worked before you go further.
Why IFA Tools runs on your own Claude or ChatGPT account
IFA Tools apps use the firm's own Claude or ChatGPT account rather than reselling AI. Why we chose that design, what it gives a firm in control and transparency, and what it honestly costs extra.
Vulnerable clients in financial advice: spotting the signs in meetings
How advice firms can identify vulnerable clients in meetings using the FCA's FG21/1 definition and four drivers, what the latest FCA figures show, and how to record the adjustments you make.
Open questions in client meetings: a practical guide for advisers
A practical guide to open questions in client meetings for financial advisers: question types, examples by topic, talk share and listening, and how to measure your own questioning from recorded meetings.
Cash advice in twenty minutes, with rates checked at the moment you advise
Clients hold large cash balances and rates move often, so an evidenced savings recommendation takes hours and dates quickly. Reckoner builds one in about twenty minutes by our estimate, rates checked live.
AI meeting assistants for UK financial advisers: a fair overview
A sourced, even-handed overview of the AI meeting assistants UK advisers can choose from, including Aveni, Saturn, AdvisoryAI, PlannerPal, intelliflo IQ and Timeline, plus general tools, and where Carbon and Asclto fit.
CP26/10 explained: periodic reviews and a single attitude to risk
A clear guide to what CP26/10 proposes for pensions and investment advice, including periodic reviews based on clients' needs and a single attitude to risk concept, and what firms should do in the meantime.
Discovery meeting in financial planning: what to capture and write up
A practical guide to the discovery meeting in financial planning: what to capture, the questions that get to it, how to write a discovery document clients read, and a checklist for the write-up.See it before you decide.
Six apps that take file checks, annual reviews, client documents and meeting coaching off the desk, from £49 per adviser per month. See them run live on a demo firm in a twenty-minute call, with nothing to prepare.