who has financial planner - concerns...

Who has a financial Planner. someone that charges them $XX per month and has a quarter chat with them.

I was wondering how many planners out there were telling their customers. move to cash (say 12-24 months ago) or reduce debt levels.
ie: Look you have X in super which is in the Market, you also have X in Shares, X in Managed Funds. I suggest due to your age, that you convert your Shares and Managed funds into cash, though long term your super would recover. Where by if you were close to retirement, Super and Managed Funds could go to Cash. while Share exposure to be reduced to income based shares.

A planner tried to get me to gear up(increase debt) to buy into a Managed Fund.

Please comment, want to find out abouts everyones experiences.