86 - The Big Lessons of 2025 (with special guest Pete Matthew)

Financial advisors navigate the complexities of retirement planning, tax changes, and institutional investment behavior while reflecting on lessons learned over the past year. The discussion highlights the dangers of "cautious" funds that fail to beat inflation, the risks of illiquid property funds, and the importance of professional coaching for business clarity. Key insights include the necessity of prioritizing progress over perfection, the value of critical thinking in an era of spoon-fed opinions, and the critical role of consistency in client service. The panel also critiques the declining efficacy of Venture Capital Trusts (VCTs) following recent tax relief reductions. Through personal reflections on loss and growth, the participants emphasize that meaningful financial planning remains a long-term, human-centric endeavor that requires patience and an unwavering commitment to client goals.