Blog: Advice on investing in a Saudi sand factory

Advice on investing in a Saudi sand factory

clock •

Professional Adviser senior correspondent Carmen Reichman on advisers' 'duty' to clients...

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'...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advised clients want more personal investment communication

Advised clients want more personal investment communication

Four in ten say comms focused more on product than goals

Jenna Brown
clock 12 November 2026 • 3 min read
How economic abuse manifests itself in pensions, mortgages and protection

How economic abuse manifests itself in pensions, mortgages and protection

Second in a three part series

Shelley Read
clock 11 November 2026 • 5 min read
Celtic FP founder launches online admin platform for advisers

Celtic FP founder launches online admin platform for advisers

‘Developed by people who understand the industry’

Jenna Brown
clock 10 November 2026 • 2 min read