on gold digging .....
from Crikey …..
Let it not be said that the financial planning industry is just interested in looking after themselves or view their clients simply as a resource to be exploited.
That, after all, would merely confirm the poor reputation the industry currently has in the wake of the Commonwealth financial planning scandal.
Although we were intrigued by the above tweet from March by the CEO of the Association of Financial Advisers, Brad Fox.
This is an industry that is trying - or at least some parts are trying - to become more like a profession and to regain the trust of the community, which was destroyed by rogue planners and years of conflicted remuneration and fee-gouging.
But can you imagine a doctor or lawyer referring to their patients as a "goldmine" just waiting to be exploited?