A white paper, published by the Verve Foundation and M&G, has called on advisers to re-examine what multi-asset means today.

Key points If someone made perfectly accurate judgments and sound decisions, would we recognize it? The science and philosophy of judgment and decision-making suggests that the answer is often “no.” ...

Cognitive biases can have a negative impact on an investor’s ability to make rational decisions, potentially derailing their investment goals. These mental shortcuts and distortions that we make ...

You have called Alan Greenspan’s admission to being ‘shocked’ by the failure of the financial system “an important step forward” for Behavioural Economics. Please explain. For years, my colleagues and ...

The trajectory of one’s life is closely linked to the quality of one’s financial decisions. More often than not, our circumstances mirror the decisions we’ve made, both good and bad. And yet, making ...

In a previous post, we considered three of seven "irrational" habits of highly rational people. Here we consider the remaining four, as well as some suggestions for distinguishing the genuinely ...