Armchair Critic: The centuries-old theory that helps us do the right thing

The centuries-old theory that helps us do the right thing

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Working in financial advice presents a range of ethical challenges, but applying one theory formulated in the 18th century will always keep you on the side of the client...

Individuals, firms and regulators have conversations from time to time about ethics. The problem is that most debates about ethics take place without any agreed underlying principles, so protagonists tend to talk past each other. At the heart of such differences usually lies a set of implicit beliefs, often unexamined even by those who hold them. On such flimsy foundations we build our opinions and take judgements. So, when we encounter issues like professionalism in the sector, like ethics in investment choices, like the FCA/IFP project on conflicts of interest, we may lack a set of ...

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