Financial Standard Comments - Conversation the key to speeding up SOA Single issue Statements of Advice should not be consuming so much time for financial planners and dealer groups, according to an advisory technology expert. https://www.financialstandard.com.au/feed/latest?story=12353537 Mon, 19 Sep 2011 22:44:36 +1000 Mon, 19 Sep 2011 22:44:36 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by bigal () If an SOA is taking that length of time, something is wrong. The client will never read it all anyway.
SOA's are meant to be a clear and concise summary of the advice so that the client can understand it easily and refer to it whenever needed.
It would appear that some planners and advisers are making things far too complicated and probably confusing the client. As the article suggests, use the technology available and keep it reader friendly.

Reply to article

For original story, Click Here.

]]> bigal () Mon, 19 Sep 2011 22:44:36 +1000