Just spent an hour trying to get my head around the latest guidance from the FSA on investment suitability and stalled over the phrase “conflation risk”.
I took the lazy option of googling it and was amused to see some of the results. Having then looked up the word conflate, I am still struggling to understand what they are on about.
Perhaps I could ask them to try using words that I don’t need to look up?
Thameside (Pensions & Investments)