Ep 427 - Joint Savings accounts, the Dunning-Kruger effect & Consumer Duty impacts

Damien Fahy of moneytothemasses.com talks to Andy Leeks about money. On this week's episode I talk about the Dunning-Kruger effect, explaining how it works and what we can learn from it when it comes to financial decision making and investing. Consumer duty has been described as one of the biggest shake-ups to happen to the regulation of financial services and so I provide a summary of what it is and how it is likely to impact businesses and consumers. Finally, I reveal the pros and cons of taking out a joint savings account, including a quick rundown of the best rates on the market currently.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show. Best Robo Advisers in the UK Cash Savings Ladder Best Savings Accounts in the UK Dunning-Kruger effect