Seminar: Does Financial Advice create any value at all?
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 |
Please register your attendance by sending an e-mail to ccg@cbs.dk no later than March 20, 2017