Video tutorial: How to understand the key pieces of data you need to support financial wellness
That’s the advice of Phil Blows, director of Wealth Wizards, who was interviewed by REBA at the REBA Innovation Day.
He said the three categories helped to better focus minds upon what data was required. “It’s data that diagnoses the problem, data around solutioning and then benchmarking and performance measurements,” he said.
“The top one is the most broad and the bottom one is the most specific,” he added.
He said providers could also do more to help organisations in collecting the data they need by improving the user experience, such as prepopulating fields for easier data collection, he explained.
This video was recorded at the REBA Innovation Day in London, held on the 23 November 2017.
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