Better BusinessSep 19 2024

How do clients make the right financial decisions?

After engaging with this content, which carries an indicative 30 minutes of CPD, you will be able to:

  • Describe what behavioural biases are
  • Explain how behavioural biases can affect financial decision-making
  • Outline ways to tackle behavioural biases
  • Describe what behavioural biases are
  • Explain how behavioural biases can affect financial decision-making
  • Outline ways to tackle behavioural biases
pfs-logo
cisi-logo
CPD
Approx.30min
pfs-logo
cisi-logo
CPD
Approx.30min
twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon
Search supported by
pfs-logo
cisi-logo
CPD
Approx.30min
How do clients make the right financial decisions?
Unlimited access to our award-winning journalism

Read the full story with a free account

  • Read without interruption - full access to our reporting on the financial intermediary market
  • Bank CPD while you read
  • Share your perspectives
  • Stay in the know with our daily newsletter
  • Receive personal recommendations
Already have an account?Sign In
CPD
Approx.30min
Please answer the six multiple choice questions below in order to bank your CPD. Multiple attempts are available until all questions are correctly answered.
  1. How does Mark Pittaccio describe behavioural biases?
  2. Some biases are linked to the idea that we feel losses more than we appreciate gains, Pittaccio says. True or false?
  3. What are people's emotional responses to wealth often rooted in, according to Ollie Saiman?
  4. Using figures and numbers is a perfectly good way to illustrate financial plans, according to Pittaccio. True or false?
  5. How can advisers tackle behavioural biases with their clients, according to Pittaccio?
  6. Diversity in the advice firm can reduce the risk of an adviser's own biases feeding through to clients' plans, says Saiman. True or false?
    7. To bank your CPD you must Sign in or Register.

More on Better Business

Related Topics

CPD
Podcast
A service from the Financial Times