Blog: Advice on investing in a Saudi sand factory

We are all adults, and we don't like to be patronised. So if we think we know best about a financial decision, should our advisers have the right to refuse our request? Some advisers speak of a ‘moral obligation' to protect clients from themselves. They would rather lose a client than allow them to carry out a transaction they have advised against. But do they have a moral obligation to refuse a transaction if they think it's not in the client's best interest? Or is it their job to make sure the client understands all the pros and cons and then let them decide what they want? Here'...