FCA wants to understand the sorts of mistakes financial consumers make, and how firms respond to these mistakes
Franklin Templeton’s “Time to Take Stock” explores three behavioural finance concepts
Emotions - not logic - drive decisions
Behavioural economists have devised techniques to help clients stick to their financial plans. Clients with vivid images of their retirement commit to more ambitious savings programs
Use these tips to encourage more objective thinking
Your role as a trusted professional is to maintain a rational view in helping your clients and to remain familiar with current events that are driving market behaviour
Asymmetrical trading sees markets reacting positively even to bad news, CIBC economist says
Should we park our emotions at the door when making investment decisions? Definitely not, this author argues. They should be treated as any other pieces of data that affect our choices
“Add water and stir” analysis may mislead your clients
Experienced financial advisors can help investors make unemotional investing decisions