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MSE News: Investment fund sectors to be renamed

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This is the discussion thread for the following MSE News Story:
"Funds will no longer be labelled as 'cautious' or 'balanced' as consumers find the terms confusing ..."
"Funds will no longer be labelled as 'cautious' or 'balanced' as consumers find the terms confusing ..."
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Teach finance in schools ?
They use all these fancy words nobody understands on purpose, they want the general public to have little or no understanding other than to save in a bank.