Stupid Question of the Day>>>

Prudent Investor vs Prudent Expert??? I though P E was for foundations, but alas it isn’t…

PE is for pensions, but I think ERISA will surfice for regulatory for Pensions

Isn’t ERISA a US thing. It sort of p o’s me that they’d look for that. I mean, I usually mention ERISA, but it seems to me that it isn’t really a fair thing for CFAI to expect. Anyone on here know the UK or French regulatory reqs for a pension, I sure as heck don’t… Thanks though, I for some reason thought it was for foundations. Good to know

True after all CFA is a takes a global test. Just look at 2006 Question # 1. They talk about a soccer player. No way a U.S. centric test would talk about a soccer player.