There has to be something I’m missing here. High risk investments are almost certainly the ones offering the highest returns, usually for putting your money in an apparently sure thing. Or more often, a not-so-sure thing which is so complicated that it sounds like a sure thing. They’re usually unregulated, which means if and when they go belly up, there shouldn’t be any compensation for greedy punters. So just ban them. And smoking. And absinthe. Or at least tax them to oblivion…
“Letter of authority: Why now is the right time for change”
This may sound like a non-issue from outside the world-of-financial-advice bubble. It is the bain, however, of the daily working lives of many of us, particularly of those paid by we advisers to do the dirty work of dealing with the many providers with whom we have to work.
