21 August 2016
Imagine you’re seeing your doctor or lawyer and they tell you “just so we are clear, my duty is to put your interests first… but I won’t necessarily be acting in your best interests.” How would you feel? Comforted and relieved? Or surprised and confused? In this commentary Pathefinder Asset Management's John Berry looks at a financial adviser’s duty to place the interests of the client first (but not to act in the client’s best interests). What does this mean? Is it what clients expect? More>
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