letters

When will we learn?

Nick Lincoln, director, Wilson Dean Financial Services Sir, Your leader column in the 9 February issue is bang on the mark. I get sick of journalists asking what the hot funds will be this Isa season and then even more sick when IFAs respond with their list of favourite funds (no doubt rigorously selected by looking at the best-performers over the previous 12 months). The only answer that can ever, ever, and without exception be given, is:"It all depends on what the client needs and what the client holds already." How can you advise or recommend in a vacuum? Investment advice, like othe...