European Stars And Stripes (Newspaper) - October 21, 1986, Darmstadt, Hesse 1 Sild he does not think the solution a going to come. From Washington. I Don t like Federal regulation. They tend 10 Over regulate he said. Cahn would like to Sec something done at the state level. In new York state sen. Ralph Marino said he is hopeful his Bill regulating financial planners will be passed during the next legislative session. It would define who would be called a planner and would re quire planners to Register with a Board within the education department and file a Bond with pre scribed penalties for breaches of ethics and Law. Others would like to Sec regulation come from within the Industry. The consumer Haj to be pro said Armstrong of the International association for financial planning. The Atlanta based association with 25,000 Mem Bers is the largest organization of financial planners. Armstrong said the Federal government has a major role to play. It would take Federal legislation to Amend the investment advisers act of 1940 so that a self regulating organization would be created she said. Under this plan All financial planners would have to Register with the organization and the Sec As in vestment advisers and would be required to meet Basic standards established by the regulatory body. The organization would require continuing education and examinations for its members Armstrong said. The National association of securities dealers favors such an approach and has said it would become a regulating organization for financial planners. In addition Nash has offered to adopt a Pilot program to inspect the 6,000 Reg stored investment advisers who arc also Nash members. Armstrong said she does not believe the Over worked Sec should be burdened Wilh oversight of financial planners. A self regulating organization would take the Monkey off the Sec s Back she said. Cul speaking before the House consumer Protection subcommittee in june Institute of certified financial planners treasurer Charles Hughes opposed inc creation of a self regulating body saying it would be anti competitive. The Institute Hughes said believes the financial planning Industry could be regulated successfully at inc state Federal and consumer Levels through enforcement of existing Laws. Hughes said All people who Call themselves Finan Cial planners should be required to Register under provisions of the investment advisers act of 194u and various stale Laws and should be subject to Strong penalties for non compliance and malfeasance. Ai the same Lime there should be an expanded consumer awareness program to educate the Public on How to make an informed Choice when selecting a financial planner or investment adviser said Hughes. If Ever there was a Lime people Ore going to need financial advisers it will be in the Monafis ahead when landmark tax changes Are expected to take effect said Washington based financial planner Kuhn Adler. A lot of Money could be lost if appropriate changes Are not made in the handling of Peoples finances said Adler. The financial planners Institute recommends that people shopping or a financial planner interview at Fca three before making a selection. It also room mends to Fiumera ask for a disclosure document that discusses possible conflicts of interest and compensation requirements. Other Good questions to ask include is the planner a registered investment adviser with the Sec or a state securities Agency what is the planner s experience what is the planner s education How often docs the planner review inc investor s financial plan the Olanner personally research recon nol How Are the recommendations selected docs the planner sell financial products can the Olanner Supply references from other Filocia i flier a i dents whose objectives and situation arc Gumilar to mine ultimately the consumer is going to have Toke to recognize someone who would make Miskei 1 next time you see your doctor Don t Dummy up \ by Victor Cohn Washington Post did the last doctor you saw answer those questions thai weighed on your mind h in Advance for your next Medica Visil. Don t hesitate to make a list of you questions and problems. This is some of the latest advice irom doctors and others who have been studying the Quality of medical care and what doctors and patients can do to improve it. We patients need to assert ourselves to learn what we need to know. And if we can learn to do in with some tact and evenness we May Benefit hugely. Belligerence just cuts off discussion. It does not enhance it. The right approach is neither belligerence nor timidity. The learning and doing May Lake some courage. We patients have been trained a sociologist would say acculturated to deter to doctors to consider their time More important than ours to accept a few moments and a verbal Pat on the head As All we arc due for our or our health insurer s dollars or. Edward Weinstock of the University of California at los Angeles writing in Urcla health insights says patients commonly say meekly the doctor did not have time to answer my unimportant any question on your mind is important or in would t be there. The american society of internal Medicine a group primarily concerned with the economic and social Side of Medicine is now conducting n major communications Campaign among its members and the Public. It is telling patients sometimes a very strange thing happens to people when they talk to a doctor. They Dummy up. They wait or the doctor to do everything. They Don t offer information or request in. Whatever the reason it could get in the Way of a Correct diagnosis. Doctors of internal Medicine internists have found that Over 70 percent of Correct diagnoses Are made through dialogue with the patient. So next Lime you visit your doctor Don t Dummy up. Describe All your symptoms even the most minor also Asim asks Ever talk to your doctor and not understand a word that was said what in your life depended on what you were loaf every Day people go to see their doctors and leave without realy unders Larking every via 11 make Afat of your symptoms the current problem currant medications allergies Etc what you want to comp san before leaving the doctor s. Make sure you understand eve Erytheia. Know to do do after leaving the doctor s Atlice. Call the doctor Back it you have any quash go spout medication Side effects Etc. And whenever you see a doctor keep asking questions until you re satisfied. What questions Here Are some of the most important ones. I have made this list in part from questions suggested by Urcla health insights by the National Council on patient information and education on medications and by Aller Middle age a physician s guide to growing old and slaying healthy Mcgraw Hill 1985, $19.95 by or. Richard Jed Wyall whal have you found what is my diagnosis what do my lest results mean what treatments Are available what Are the alternatives what Are my choices what Are their advantages and disadvantages their risks and benefits what will happen to me if i do nothing what do you recommend Why can it help me whal Are he chances or Odds that it can that is How Many patients Wilh my condition Are helped by this treatment whal is the test you re ordering now Why Iii take it can the results possibly help me will they affect my treatment one Way or the other sometimes amazingly the hones answer might be no and you might not want the lest unless there s a Good reason Tor it. Tests too. Carry risks. What should i expect when the test a Given this especially about some invasive test or one with some degree of inconvenience or disco Lorl. It s better to be prepared than surprised. On prescribed drugs or medications what s the name of this drug will it be on the Container whal is it supposed to a How and when do i take it and Lor Haw Long if i forget to Lake it at the right Lime can i take it at another Lime ,. = Jeffi Are there any risks or Side effects Wai Ahou adj look Lor and what should 1 do it Boul it it Are there any other instructions to follow ars of tire any foods drinks or activities to avoid White i m taking this can ii interfere with any other med Ortlon i Lake tuesday october 21, 1988 the stars and stripes and if you want to know More is there any it Tori information available Ihry Ondie Taomei. How air Octant Crep Vij Ftp 0 happen ajnmfoaowlt7calcastonauyeblsonwthlbgr in. V a p�tihi7
