I read with interest the Straits Times article – No more property ‘specialists’ from Aug 1 – which describes how regulators are clamming down on misleading titles that property agents are giving themselves such as “specialist” and “experts”. This follows Ministry of Health’s investigation of Traditional Chinese Medicine practitioners giving themselves similarly dubious “specialist” titles. I welcome such regulations as they allow for greater transparency. Such measures are sorely required and overdue in the local financial services industry. I have discussed about this issue before, and this news report makes me feel a bit of hope that regulators may start to pay attention to misleading titles that are currently being used to sell financial products. The term “financial consultant” (and related terms such as “planner” or “adviser”) is misleading for the general public who tend to believe that such people are qualified to give proper financial advice. The reality ......