Tag: financial-advice
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We can learn a lot from financial disclaimers
Financial disclaimers actually contain the most important lessons in investing. Morningstar is a well-known investment research and financial services firm famous for rating mutual funds (a.k.a. Unit trusts) across the globe. They publish an excellent report called Mind the Gap, which shows the difference between investment returns and the actual returns that investors experience. Let’s…
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Why can’t a finfluencer offer you Financial Advice?
Recently, MAS warned 5 content creators that they were providing financial advice without a license. Three questions follow: What is financial advice? MAS offers guidelines on what constitutes financial advisory service. “Generally, MAS considers a particular communication, whether oral, online or in print, to be financial advice if it expresses an opinion on the merits…