Smarter Investing by Tim Hale: A UK Review

Tim Hale's Smarter Investing is the canonical UK guide to evidence-based passive investing, written specifically for ISAs, SIPPs and UK-domiciled funds.

His core framework is the personal risk profile: combining your capacity to take risk, your tolerance for it, and your need for return into a single equity/bond split.

Hale's case against active management is built on UK-specific data showing that costs, not skill, dominate long-run net returns.

Best for UK investors who want the reasoning behind the strategy, not just a fund-picker shortlist. Dense but worth the 400 pages.