Search Results | Showing 1 - 10 of 248 results for "Statement of Advice" |
| | ... some claim to be in the process, often utilising a limited dataset from a client to generate a comprehensive Statement of Advice, these instances typically do not involve pure AI," he explains. As such, he warns that given the complexity, private investors ... |
| | | ... post-completion. Clique provides outsourced local paraplanning services to financial planners and AFSLs, particularly Statement of Advice documents and the ongoing review of documentation. Advisers also use the paraplanning service to manage more complex ... |
| | | ... While the FAAA welcomed some of the other inclusions, like greater support for scaled advice, replacing the Statement of Advice, and the removal of the Safe Harbour steps, it said this second tranche has it reconsidering its initial support of the government's ... |
| | | ... the Quality of Advice Review (QAR), the government plans to modernise the best interests duty and amend the Statement of Advice (SoA), while also granting approval for superannuation funds to provide personal advice. In its final report, titled Delivering ... |
| | | ... advisers but is missing key pieces, such as the elimination of the Best Interests Duty and the overhaul of the Statement of Advice (SoA). Released today, the proposed legislation is the first tranche of the Delivering Better Financial Outcomes package ... |
| | | ... the corporate regulator compared to retail advisers who have stringent disclosure obligations to provide a Statement of Advice and Financial and Services Guide and meet education and training requirements. |
| | | ... examples of when reportable situations would no longer automatically be deemed "significant". One example is if a Statement of Advice (SoA) given to a client has an error that the financial adviser rectifies with the client promptly and involves no actual ... |
| | | ... constructing a strategy paper for a new client now takes four hours. Two years ago, it took 5.6 hours. A basic Statement of Advice (SoA) for a new client took 8.1 hours but now takes 6.7 hours. For complex new clients, an adviser spent 14.6 hours on ... |
| | | ... QAR recommendations assistant treasurer Stephen Jones flagged he will adopt include the replacement of the Statement of Advice (SoAs) with an advice record that is more fit-for-purpose. Financial Service Guides (FSGs) will be provided with more flexibility ... |
| | | ... able to utilise Asendium's Statement of Digital Advice (SoDA) system. This enables advisers to tailor the Statement of Advice (SoA) to their specifications in less time and at lower cost compared to traditional means. Asendium chief executive Scott Miller ... |
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