Cooling Off period Queensland

I am residing in Tasmania and scheduled to meet a team of financial planners at their office in Brisbane. The trip is totally arranged by this group and what i have to do is to sit a full day with them listening to various ways and means they will advice me to plan finances for the future.
At the end of the day, i can either take the advice and return home with no obligations or decide on any particular strategy they may suggest. I was told that any decision has to be made on that very day.
My question:
If we sign to agree with any of their suggestions, can i still pull out from the agreemnt if we decided not to go ahead. ( what i mean here is about an agreement signed between me and the organisation, giving them my consent to go ahead with suggested strategies)

I hope i have posted my question clear and in the right forum

 

You sound serious. Thanks but can you elaborate please.

 

They will be lookin at various aspects to see how my tax money can be utilized for my own benefit. including
My existing insurance policies
Present loans
Investment propety aspect
Shares
Superanuation etc.

I thought of being prepared before i am put on the spot . How if they get my consent to do certain things. Say for Example- to change my existing lending bank so that the interest rates can be dropped.
If i sign an agreement, can i pull out?

 

Probably not. NEVER sign anything you are not fully committed to.

That is why they are so insistent that you sign on the day.

Do you really believe THEY have your best interests at heart?

If the deals are so good, surely a day or two to think things over would not be a problem.

You will be flown in, trapped in a car and subject to relentless pressure to sign up. No chance to get independent advice, no chance to think things through.

My advice? Cancel. Surely financial advice is available in Tasmania.

Don't say you weren't warned.
Marg

 

I have alteady paid 195 dollars for me and my wifes travel. Thats cheap for 2 nights stay including flights. I can consider this as a quick holiday to Brisbane. now since i have paid, i will go , listen, and then return.

 

True, we will make sure to say no.

 

What a generous group

Does this really still occur in 2017? I heard about it happening in the 1980s, 90s....but today....really?

Cheers

Jamie

 

I'd even forfeit my $200.

Why an FP in Hobart or Launceston couldn't do the same beggars belief.

Google them to find out the good-bad about them.

How did they happen to contact you?

Don't let your luggage out if your sight - you may need to make a run for the exit.

 

I have not yet got an answer to my initial question.

What is the cooling off period for any agreement /contracts signed in Queensland?

 

@darrelj... forfeit the $200. Don't go.

 

It depends on the contract.
What are you intending to sign?
Marg

 

Certainly they can't force us to sign anything

 

You will be in the presence of a solicitor who will get you to sign a S66w to waive the cooling off period (as part of the 'standard' paperwork for purchasing property) other contracts may not have any cooling either.

So to answer your question - NIL, ZILCH, ZERO, NONE.

 

Quite correct.

But you ("we") have agreed to sit through a "full day" of relentless high pressure sales tactics. Could be 10-12 hours......

Will be interested to hear how you go.
Marg

 

@darrelj - any update?

 

It will be next week