Wednesday, September 12, 2012

Advisor Risk

When you use an adviser here's always the possibility you'll not get the full story. That's because most "advisers" aren't fiduciaries. They do not have to put your interests first. Read the full article

Sales incentives skew adviser behaviour

This Comment letter to the UK financial regulator summarizes our views and experiences with financial incentives used to "motivate" adviser sales of certain products. Most retail investorse do not understand the true nature of their relationship with their advisers.Read the full article.

Saturday, September 1, 2012

Suitability system needs overhaul

The KYC -suitability system is not working as intended. Financial consumers are being exposed to undue risk. We call on the Joint Forum of Financial Regulators to address the issue on a priority basis. Read the ALERT