Blog: Advice on investing in a Saudi sand factory

Advice on investing in a Saudi sand factory

clock

Professional Adviser senior correspondent Carmen Reichman on advisers' 'duty' to clients...

We are all adults, and we don't like to be patronised. So if we think we know best about a financial decision, should our advisers have the right to refuse our request? Some advisers speak of a ‘moral obligation' to protect clients from themselves. They would rather lose a client than allow them to carry out a transaction they have advised against. But do they have a moral obligation to refuse a transaction if they think it's not in the client's best interest? Or is it their job to make sure the client understands all the pros and cons and then let them decide what they want? Here'...

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

PA Awards 2026: Entries for all categories now open!

PA Awards 2026: Entries for all categories now open!

Our 21st anniversary awards will be held in London next March

Professional Adviser
clock 09 July 2025 • 1 min read
Plannr integrates SmartSearch anti-money laundering checks into adviser workflows

Plannr integrates SmartSearch anti-money laundering checks into adviser workflows

System aims to streamline client onboarding

Sahar Nazir
clock 09 July 2025 • 1 min read
More than half of advisers have seen clients negatively affected by finfluencers

More than half of advisers have seen clients negatively affected by finfluencers

‘Advisers are becoming, in many cases, financial paramedics'

Isabel Baxter
clock 09 July 2025 • 2 min read