I think the issue is that many people do not regard financial advisors as professionals. Lawyers and doctors (and vets) require a license to practice and are subject to sanction by their regulatory body. In the case of lawyers there is a strong case to be made that since their regulatory body is also their representative body there is a conflict of interest but that’s a different matter. The bottom line is that many people are sceptical about people who claim to be “Professional” advisors. This, in my opinion, is unfair but never the less I think that it is the case.
Unfortunately when dealing with mortgage brokers & estate agents firstly there are no professional examination requirements, secondly there are no University Degree requirements (or at least i know of guys with no degree qualifications working in this industry), all you have to do is go to court pay your license fee and have a Garda vet for you
just to wander off topic, i was recently quoted 85 to get a lawnmower service!! made doctor's visits seem like a bargain!
You don't seem to understand the distinction between the lawmakers ( that would be the democratically elected government initially) and solicitors/barristers.
quote] Ah yes they make the laws but who drafts them? Vanilla, if I didn't have such a good solicitor I'd love to hire you or any one of the one's on AAM, that's if you'd accept me as a client of course. You have to not always defend your own profession, like all professions there are cowboys and boy have there been some cowboys recently. You also have to admit that to take on a solicitor for an ordinary joe soap is an enormous task, recently on AAM we debated the fact that none of you wanted to take on a client who had a fee dispute with a solicitor and it was a relatively trivial matter. Address that problem in Ireland and you're a long way to the legal profession being seen in better light. OP, financial advisors always have the problem of picking a particular product because it gives them greater commission than giving a client good advice and years down the road people discover the product was not right for them (equitable mortgages, critical illness cover, long term savings products for people in their 70's spring to mind).
Ah yes they make the laws but who drafts them?
Well you can choose an EA that has a degree in his field but would that make you trust him anymore? I don't see how your point is being proved by pointing to failings (perceived) in other professions.
Unfortunately when dealing with mortgage brokers & estate agents firstly there are no professional examination requirements,
But you are qualified to define the process for formulating legislation? Seems a bit strange?Its not a no - I'm not qualified to formulate legislation
You are joking - right? First of all, this has almost nothing to do with writing legislation. Secondly, much of this process is already in place (though not using an ATM admitedly). When I got a speeding fine recently, I had the choice of paying up by post onto my credit card and taking 2 points ('being a man' in your terms) or going to court and risking 4 points. While there might be a minor advantage in shifting this process online , or even to an ATM, that isn't a fundamental shift in the requirement for professional advisors.take this as an example.
Instead of a court think ATM. You recieve a summons for speeding in the post.
Wander down the ATM (no so speedily as before.......)
Pop in your summons number and the PIN you received seperately.
Read the details - decide whether to plead guilty or not
If you plead guilty get an automatic discount of 10% for pleading guilty and you get fined from a data set. If you are on the Dole / Social / Sick / Times are hard etc. select the appropriate mitigating circumstance. Opt to pay by DD, Laser etc. Wander off down the road with a printout of the session straight to the pub so you can celebrate the fact that no old duffer in a wig is quaffing quails eggs and fine port at your expense
If you plead not guilty then select a reason from the list - if it is not there you can add it save your session, come back in a week and find your reason listed.
Easy peasy lemon squeezy
The way I see it if you want to make it hard for yourself it should cost a shed load more than if you take it on the chin - be a a man about it.
If you did the crime and there were extenuating circumstances they can all have weightings to applied to the final fine.
I thought the people who wrote the laws while they are civil servants are legally educated, if I'm wrong I retract my statement. The thread was about a client who was billed in error more than six years later, I can't do links so I cannot attach it here. In relation to the points about education/training, this doesn't necessarily make a better professional, in fact it can be quite the opposite, I'm met plenty of trained professionals who were fantastic crooks and vice a versa they were just more slick with itEr, not solicitors? In most cases civil servants with input from the law reform commission and various other interested groups.
I'm not sure what thread you're referring to in relation to a fee dispute.
I thought the people who wrote the laws while they are civil servants are legally educated
In relation to the points about education/training, this doesn't necessarily make a better professional, in fact it can be quite the opposite, I'm met plenty of trained professionals who were fantastic crooks and vice a versa they were just more slick with it
I would like some solicitors to let me know how they can go to court and try to find a way to ensure that a drunk driver, rapist, murderer etc. off their crime?
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