Chris Jones: The unseen risks are the ones that get you

Risk-profiling

clock • 4 min read

Times like these prove that long-term financial plans need long-term risk plans, argues Chris Jones - and it is unexpected risks that catch you out

It's the things that you can't see that get you. There are countless stories of people doing dangerous jobs for years just to meet their end in some domestic or road accident on their day off. If you can see it and understand it then you can focus on it and manage it, particularly if you have the expertise. From an anthropological perspective we are descended from people who returned to things that didn't kill them and avoided things that killed their peers. Hence we learned to fear the unknown and be reassured by the familiar.  Over the last ten years or so the financial media have d...

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 Investment

Advisers have opportunity to deepen private market engagement

Advisers have opportunity to deepen private market engagement

Most client allocations to private markets are either 5%-10% or 1%-5%

Isabel Baxter
clock 18 November 2024 • 2 min read
Royal London cuts number of governed range portfolios

Royal London cuts number of governed range portfolios

Renaming remaining portfolios to reflect level of investment risk

Jenna Brown
clock 18 November 2024 • 1 min read
AJ Bell cuts fees across multi-asset income range

AJ Bell cuts fees across multi-asset income range

£1.5bn of inflows this year

Beth Brearley
clock 14 November 2024 • 1 min read