The amazing shrinking annual report

Obese annual reports hit the treadmill as the IASB and new reporting standards crack the whip. Annual reports are probably the most expensive publications ever produced that never get read. Each year, listed companies spend months preparing their glossy ‘flagship’ reports in a tedious process often called ‘the annual migraine’. Banks are notorious for their…

The Achilles heel of retirement fund planning

“For instance, where members have choice of investments and flexi benefits, they often make inappropriate investment choices.” Poor communications and lack of advice can impoverish retirees Even the most sophisticated retirement planning strategy can have its Achilles heel – and this is usually poor communication. Take the following illustration: Professor Shlomo Bernatzi (UCLA), a leading…