It’s ifa’s understanding that Financial Services Minister Stephen Jones has come to realise that he made a grave error in judgement when he suggested employees of product providers be bestowed the title “qualified adviser”.
ifa has learnt that Mr Jones has woken up to the fact that calling employees of licensed financial institutions “qualified advisers” probably wasn’t his brightest moment and that he intends to use the Christmas break to come up with a better title.
As such, ifa has decided to offer its help by compiling a list of possible names advice givers (suggestion number one) from banks, superannuation funds and insurers can embrace without offending actually qualified advisers, and without creating unnecessary and potentially dangerous confusion among consumers.
Without further ado, here are our suggestions:
And here are some suggestions made by ChatGPT (all clearly better than qualified adviser):
If you would like to add to our list, please do so in the comments section.
*Disclaimer: this article is, at times, of a satirical nature.
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