tag:blogger.com,1999:blog-5433839636644874439.post2318946593786237846..comments2024-03-04T13:37:11.022+00:00Comments on Canadian Financial DIY: The Integrity of Financial Services Professionals in Canada, the UK and the USACanadianInvestorhttp://www.blogger.com/profile/05645767559302303541noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5433839636644874439.post-17720012494509807172008-03-19T15:44:00.000+00:002008-03-19T15:44:00.000+00:00FourP, You are right, there's nothing ethically wr...FourP, You are right, there's nothing ethically wrong per se with selling. The problem is outright lies, or more subtly, failure to properly inform people about negatives. A good doctor always tells you if the operation might kill you and what the chances are that will happen. So should ethical salespeople.<BR/><BR/>In my opinion, there should be a place in the financial services industry for advisors who are both knowledgeable and unbiased in the way a doctor is. Just as you are not questioning whether the advice to have an operation is because the doctor makes more money if you do, so should you not ask the same question about buying life insurance, an annuity, or an investment fund.CanadianInvestorhttps://www.blogger.com/profile/05645767559302303541noreply@blogger.comtag:blogger.com,1999:blog-5433839636644874439.post-2005398630294764382008-03-16T23:41:00.000+00:002008-03-16T23:41:00.000+00:00I think the idea of a financial advisor being a "p...I think the idea of a financial advisor being a "professional" like a doctor etc is a complete and utter joke.<BR/><BR/>There is nothing wrong with selling on commission but call a spade a spade so that investors know what's going on.Anonymousnoreply@blogger.com