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I’m not sure what comes to peoples mind when they hear the word innovation. The word might make you think of Silicon Valley. But innovation isn’t the sole province of startups entrepreneurs and inventors.

One definition states:

innovation – the application of new solutions to meet new requirements.

I think I’d like to tweak this definition a little for iPlanning’s sake:

innovation – the application of new solutions to meet new requirements but solving old problems.

A lot of people are uncomfortable or uncertain about innovation. The main reason being the association of the word with change, new and different!

At iPlanning we are not afraid of innovation. Rather we are keen to embrace it whenever it helps us come up with new solutions to meet our clients requirements in an ever changing world.

Today, creating solutions for the same old problems (financial security, sound financial management and saving for the future etc.)  requires new ways of thinking, new procedures, new processes and new methods of communication.

To help our clients achieve their objectives we have to be innovative in the way we think, innovative in the way we use technology and innovative in the way we use the products available to us.

Consider the changes that have taken place over the last 30 years in the world of savings, investing and retirement planning and you will begin to see the need to embrace innovation.

Change is here to stay but you can be assured that we at iPlanning will be doing all we can to remain innovative as we help you move intentionally toward your financial goals.

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Disclaimer: The views expressed in this post are those of the author only and are not necessarily those of I Planning Wealth Management Ltd. All material in this post should be considered as general information only and should in no way be construed as a recommendation of a specific product or course of action. Each circumstance is different and professional advice tailored to your circumstances should be sought from a qualified financial adviser.