Is advisers' love affair with cashflow modelling masking its shortcomings?

Warning: Some of the quotes in the following article are a bit repetitive. That's because, from advisers to clients to compliance, everyone loves a cashflow model. "I don't think you can truly know your customer without cashflow modelling," says Andrew Moore, director at Goodmans Financial Planning. "It's done by me and the client, not by a paraplanner sat in a back office, and it's what all the advice hangs off." It isn't easy to find advisers who don't share this view, but there are a few dissenting voices out there: cashflow modelling may be necessary, even essential, they say, but...