Both the wording of the IPS and the return calculations of this one seem easy. Only one question: she has an above average ability to take risk (more than 10 mio asset base Vs spending needs), and a below average willingness to take risk (very risk averse when investing). Ok, we honor the second one, so overall risk tolerance is below average, perfect. But… shouldn´t we suggest client education? It is not in the guideline answer, so I should not worry about this, I know, but isn´t it recommended when a very risk averse client has a substantial ability to take risk? thx