In this CPD session, Chris Booth outlines the ethical and professional responsibilities of financial advisers in delivering comprehensive, client-centric debt advice. Emphasising debt as a core financial concern across all life stages—from wealth accumulation to retirement—he highlights the strategic and fiduciary importance of integrating debt discussions into holistic planning. Booth discusses segmentation (e.g., Gen X, retirees, wealth accumulators), the concept of the “loyalty tax” from lenders, and ethical separation between advice and product implementation. Practical frameworks such as loan reviews, credit assessments, and partnership models (in-house vs. referrals) are presented to enhance client outcomes while maintaining compliance, transparency, and ongoing value.
Accreditation Points Allocation:
0.25 Client Care and Practice
0.25 Regulatory Compliance and Consumer Protection
0.25 Professionalism and Ethics