The categorisation of investment risk on key information documents (KIDs) is "positively misleading" for the end investor, according to economist John Kay.
The Scottish Mortgage Investment Trust non-executive director said the industry needed to do something about the way investors understand risk. "KIDs risk categorisation is not only irrelevant to that...
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More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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