Mike Morrison: Needs and objectives

In the past, I have been known to be overly precise with words and their meanings - though admittedly,  while to me it is precision, others might see it as pedantry. I thought of this again while looking at the FCA consultation paper - CP17/16: Advising on Pension Transfers - and, in particular, the following paragraphs:  "While a client's objectives may be the reason they have sought advice, the client's needs should influence the advice process. Firms should challenge the realism of a client's objectives, where appropriate including any objectives which do not immediately appear to be ...