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	<title>Financial Standard Comments - AFA defends industry against Labor attack</title>
	<description>The Association of Financial Advisers has slammed the Labor Party's attack on financial advisers, which paints the profession as dodgy and continues to rip-off consumers.</description>
	<link>https://www.financialstandard.com.au/feed/latest?story=179778719</link>
	<lastBuildDate>Mon, 28 Jun 2021 12:01:17 +1000</lastBuildDate>
	<pubDate>Mon, 28 Jun 2021 12:01:17 +1000</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Financial Standard</copyright>
	<ttl>5</ttl>
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		<title>Comment by Philip Carman (Personal Asset Services)</title>
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<p><p>I don&#39;t completely disagree with the parliamentarian&#39;s comments and as an adviser of almost 40 years, I have seen so much of what she referred to. No one says ALL advisers are shonky - like no one hates ALL lawyers - but enough are/do to make it fair comment. The problems that may arise need to be dealt with rather than ignored or worse, taken as personal insults.</p>
<p>Regulation must consider what may go wrong as well as what may go right - that&#39;s the whole point of regualtion. Jumping on every adverse comment without offering constructive criticism, or - better - a solution - is childish. That&#39;s one of the reasons I&#39;m getting out of this business. I&#39;ve not particularly enjoyed the company of far too many in it who&#39;ve done little to enhance the status or the reputation of what should be a wonderful way to help people, but has been too exploitative for far too long.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Philip Carman (Personal Asset Services)</dc:creator>
		<pubDate>Mon, 28 Jun 2021 12:01:17 +1000</pubDate>
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		<title>Comment by Eric Walters (Continuum Financial Planners Pty Ltd)</title>
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<p><p>The best antidote to unintended adverse comment is to take the air out of its sails - and ignore it. Good luck Philip (Carman) - a pity you&#39;re not staying on to help repair the damage to which Ms McAllister makes reference.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Eric Walters (Continuum Financial Planners Pty Ltd)</dc:creator>
		<pubDate>Mon, 28 Jun 2021 12:11:45 +1000</pubDate>
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