Anybody who is a financial adviser looks bad in my eyes, regardless of what Forms they complete. They are all of bad form. They are lazy and self interested, not interested in their clients. They want to invest clients' funds and do nothing more, just wait, and when things go pear shaped they blame everybody but themselves when they should have been ahead of the game. They should have more knowledge than the average Joe.
My former financial adviser in Cairns didn't get me out of the market prior to the GFC in spite of my pleadings and it cost me $2M. It subsequently cost him over $1M in an out of court settlement, but I'm way behind where I should be.
My current FA was behind me in wanting to get out of the market last week. I wanted to do it Wednesday, but he delayed until Thursday and that cost about $40K. He's now been sacked too.
Financial advisers are largely lazy, self interested people with no desire to look after their clients, but to maximize their incomes.
You are far better of doing it yourself. Just follow your nose, invest in nothing but blue chip, read as much as you can, and NEVER listen to the economists who work for the fund managers, like AMP's spruiker. Their interest is in keeping clients invested rather than in cash so that they rake it off the top and they don't give a $**t about you!!.