Question: Question 1 (20 marks | Word limit: 300 words) LO2: Assess the impacts of cognitive, judgement and decision biases on financial advisers and their clients.


Question 1 (20 marks | Word limit: 300 words) LO2: Assess the impacts of cognitive, judgement and decision biases on financial advisers and their clients. Unconscious bias can impact our decision making in the workplace. Define the following two ( bias, and include brief examples of how these biases could adversely affect a financial adviser! making when providing financial advice: self-serving biss (10 marks] (b) confirmation bias. (10 marks)
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