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Minister Jones, we’re here to help

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:

  • Non-relevant provider
  • Relevant provider
  • Financial consultant
  • Product agent
  • Limited adviser
  • Sales representative
  • Product representative
  • Restricted adviser
  • Superannuation adviser
  • Insurance adviser
  • Banking adviser
  • Conflicted sales representative
  • Product adviser
  • Financial support adviser
  • Wealth manager
  • Asset allocation consultant
  • Financial literacy coach
  • Fiscal planning consultant

And here are some suggestions made by ChatGPT (all clearly better than qualified adviser):

  • Portfolio optimisation specialist
  • Debt management counsellor
  • Wealth whisperer
  • Capital curator
  • Coin connoisseur
  • Cash flow conjurer
  • Strategy sorcerer
  • Prosperity pundit
  • Asset artisan
  • Financial feng shui master
  • Dream dollar designer

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.

Comments (93)

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Posting as
  • 'Wealth Whisperer' or 'Financial Feng Shui Master' are the most appropriate.
    0
  • Sales Rep
    That's what they would be called for any other product
    0
  • I like 'Consultant'. Much better description than 'adviser'.
    'Super consultant'. 'Insurance consultant'. 
    0
  • 'Free Advice get what you pay for, Conflicted, Biased, Unethical, Unqualified, no AFCA / ASIC / FSCP Protection, Sales Pusher'
    0
  • Just wondering ifa about your disclaimer "*Disclaimer: this article is, at times, of a satirical nature." Was the satire in your comment that a Minister has come to realise that he made a grave error in judgement........
    0
    • Hi Anonymous, ifa has learnt that the Minister is indeed considering changing the name "qualified adviser". 
      0
  • Pointless Provider?
    0
  • Intrafund Product Flogger.  Paid by the other members without their consent. 
    0
  • Vertically integrated product flogger
    0
  • Call them 'Jonesy's Next Election Campaign Staff'
    0
  • I don't think it was an error at all. It was a clever distraction from the more important issues, and it has worked a treat.
    0