Most clients are uninterested in the "nuts and bolts" of investment decision-making and instead require a more tailored discussion around risk, according to consultant Tim Hale.
The Federal Reserve has unleashed a third round of quantitative easing (QE) to support the US economy following a wave of poor data and a weakening labour market.
Moody's will strip the United States of its AAA rating if a deficit reduction deal is not struck in Congress, it has warned.