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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Columns
5 mins to read

Ordinary investors no match for experts

On the Money: Conflict of interest disclosure does not protect unsophisticated investors.

Brent Sheather Sun, 23 Jun 2019

The recent Conduct of Financial Institutions review by the Ministry of Business (MBIE) determined that a key problem for retail investors was information asymmetry. 

One of the most striking examples was in annuities where the institutions selling them know the return implicit in the annuity while

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Brent Sheather Sun, 23 Jun 2019
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Ordinary investors no match for experts
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