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@Gizmorat
^^ Fair point about sales position, I think what makes it a little different is the complexity,fragility and opacity of the underlying products.
I'm unconvinced that a suspect risk assessment questionnaire 'facilitates appropriate investment' because I think the underlying assumptions have proved to be without foundation. I don't think advisors thinking has changed as a result of 2008.
The article I cited was the only one I could think of that was a reasonably neutral short record of the issues surrounding many of the products even a good advisor can offer you.
If you extend the basic premise with an advisor's fee on top (~ 1% per annum) and more futile fund churn to justify the fee, then what you have is a really strong case to get down to the library while you can.