Noreena mentioned in the Financial Times

Who advises the adviser?

Individuals clearly get a lot of benefit out of working with financial advisers.

Last year’s Financial Conduct Authority Financial Lives survey found that while only 8 per cent of adults had received financial advice in the past 12 months, 87 per cent of those people trusted their adviser, and a similar number (84 per cent) were satisfied with them.

But to pose a question: where do the financial advisers turn for their financial advice? While they may very well be adept at managing the wealth and investments of others, does that automatically mean they should manage their own?

You can read the full article online here.