Chris Jones: The unseen risks are the ones that get you

Risk-profiling

clock • 4 min read

Times like these prove that long-term financial plans need long-term risk plans, argues Chris Jones - and it is unexpected risks that catch you out

It's the things that you can't see that get you. There are countless stories of people doing dangerous jobs for years just to meet their end in some domestic or road accident on their day off. If you can see it and understand it then you can focus on it and manage it, particularly if you have the expertise. From an anthropological perspective we are descended from people who returned to things that didn't kill them and avoided things that killed their peers. Hence we learned to fear the unknown and be reassured by the familiar.  Over the last ten years or so the financial media have d...

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 Investment

Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Targeted at sustainable, forward-thinking finance professionals

Professional Adviser
clock 10 May 2024 • 1 min read
Defaqto: 'No appropriate and compliant way to compare MPS portfolios'

Defaqto: 'No appropriate and compliant way to compare MPS portfolios'

Tech firm to debut a performance comparator tracking solutions’ data

Hope Coumbe
clock 09 May 2024 • 1 min read
Assessing investment decisions made in the heat of the moment

Assessing investment decisions made in the heat of the moment

'Investors were panicking, thinking no one would ever go outside again'

Chris Justham
clock 08 May 2024 • 2 min read