notices - See details
Notices
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R Buck Gray (not verified)
16th December 2016 | 10:51am

Jason, great article. The rising populism in a "post-truth" area may indicate a 3 year old's view that I don't care what the truth is, just give me what I want. And in general we operate in our comfort zone of pleasure seeking and non-involvement.
Applying that to financial advisers and the general public presents a barrier to change. But some changes appear to be beneficial. Take for instance the preliminary white paper "Satisfying the Prudent Man" which incorporates a quantitative definition of investment risk and couples it with an approach that appears to be credible move toward vastly improving the path to greater retirement income. But if investment advisers and their clients resist critical thinking, where is the progress?