How to fix the flaws in financial planning

Dan Richards | ClientInsights | 21 October 2013

Would a doctor be pleased if 20% of patients acted on prescriptions and advice?  Would you be happy if your car got you to your destination one-in-five times? And yet, 80% of financial planning recommendations don't lead to action, according to a recent Forbes column. Our industry needs a fundamental reappraisal of how to create plans that translate into action and positive outcomes.

THE PROBLEM

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