PA360 North: Clients respond to feelings 'not facts and figures'

Behavioural biases

Jenna Brown
clock • 3 min read

The concept of ‘long-term’ varies widely among different age groups, according to research from Canada Life, which explores behavioural biases and the psychology of planning.

Speaking at PA360 North, Lara Bealing, marketing director, said Canada Life wanted to get "under the skin" of what long-term actual means to consumers in a bid to help advisers facilitate better outcomes for all clients. The provider has teamed up with psychologist and specialist in customer behaviour Dr Simon Moore of Innovation Bubble on the 'Long-Term Close Up' campaign. Moore told delegates that humans do not respond to facts and figures - people engage with how those facts and figures make them feel. "The human brain does not like numbers," he said. "Actually, the brain gives ...

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

News editor's view: 40s are the new 50s - a move in the right direction? 

News editor's view: 40s are the new 50s - a move in the right direction? 

The news editor's Friday Night Takeaway from 1 May

Isabel Baxter
clock 01 May 2026 • 3 min read
Feel Good Friday: FOS chooses Dementia UK as charity partner

Feel Good Friday: FOS chooses Dementia UK as charity partner

Will support Dementia UK over the next two years

Professional Adviser
clock 01 May 2026 • 1 min read
Why 50:50 parenting doesn't necessarily mean no child maintenance

Why 50:50 parenting doesn't necessarily mean no child maintenance

'In many cases, one parent will meet a greater share of the children’s financial needs'

Clizia Motterle
clock 01 May 2026 • 4 min read