Financial Advice Seminar
As individuals, we are constantly assumed greater responsibility for our own financial well-being in recent years and the complexity will only increase with longevity and a rapidly aging population.
Many scholars have persistently argued that the only efficient solution is to invest in index funds. But is this right when 80 % of most consumers have no interest and limited financial literacy.
In parallel, consumers are faced with financial services and products characterized by a growing complexity, wall of regulation, and incomprehensible tax legislation. In a low/zero interest environment totally different risk profiles are needed, if one does not want only to be in cash and get nothing as return.
In view of these developments - which make the misallocation of funds both more likely and more momentous - professional financial advice as a qualified source of guidance appears to be a promising approach to avoid making poor financial decisions. Specifically, for individuals with low levels of financial literacy, but how can one assure that their interests are safeguarded in the future?
| Time | Topic | Speaker |
| 16.30 - 17.00 | Individuals’ use of financial advice: the role of portfolio performance, trust, and financial literacy. | Oscar Stolper |
| 17.00 - 17.30 | Does financial advice create value – what is the conclusion from global research? | Bersant Hobdari |
| 17.30 - 18.00 | How do we safeguard the interest between commercial interests and the individual consumer? | Niels-Ulrik Mousten |
Oscar Stolper is head of the Research Group Accounting & Finance at University of Marburg. Oscar Stolper has a focus on empirical capital market research and behavioral finance. He has specialized in analyzing the decision behavior of private households in their role as financial market participants.
Bersant Hobdari is Associate Professor at Center for Corporate Governance at Copenhagen Business School. His research interests span the broad areas of corporate governance, and international business and economics.
Niels-Ulrik Mousten is former CEO of Danske Capital and has a M.Sc. from Copenhagen Business School. He is specialized within the are of asset management and financial markets.
Please register your attendance by sending an e-mail to ccg@cbs.dk before March 20, 2017