Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 39 results for "Record of Advice"

FPA launches new ROA solution template

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
The Financial Planning Association of Australia has launched a digital version of the Record of Advice (ROA) solution 'template' to support members who have been inundated with requests for advice, following the strong demand for early super access. ...

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... key measure sees the requirement for advisers to issue a Statement of Advice lifted, so long as they provide a Record of Advice and don't charge more than $300 for the advice. Here in lies the problem, with advisers concerned Australians may be driven ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
... and related regulators. It is also subject to strict conditions. Conditions include providing clients with a Record of Advice and capping the advice fee at $300. The adviser must also establish that the client is entitled to access their super early ...

WealthO2 appoints national BDM

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
... privately-owned wealth management platform established in 2015. Services include managed discretionary accounts, automated record of advice for non-discretionary managed accounts, wholesale managed funds, superannuation and pension portfolios.

BT Panorama boosts functionality

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUL 2019
... features to help advisers deliver advice to their clients efficiently," said Vincent. The enhancements include: record of advice integration with Xplan, new adviser portfolio tools to enable account model construction and rebalancing and improvements ...

Dover exit renews self-licensing calls

ALEX BURKE  |  MONDAY, 25 JUN 2018
... can help with efficiency, such as with managed portfolios to lessen the statement of advice burden, automatic record of advice generation, direct integration with XPLAN and others - it becomes much easier to manage the compliance process. And to do it ...

Managed accounts platform doubles FUA

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
... automating compliance and administrative functions, and enabling more timely client portfolio rebalancing and client record of advice generation," Rees-Evans said. WealthO2 was established in 2015, providing managed discretionary account services and ...

CFS introduces same day RoA functionality

KERRIE SYDEE  |  WEDNESDAY, 23 NOV 2016
Colonial First State has introduced a new same day Record of Advice (RoA) generation functionality to FirstNet Adviser, allowing advisers to generate an RoA in as little as 30 minutes. The added functionality comes six months after CFS first launched ...

Client needs to drive transitioning businesses

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
... advice provided in respect of an MDA must be personal advice and that all annual reviews must be accompanied by a record of advice and may require a statement of advice. Compliant with the update, when recommending MDA's, acting in the best interests ...

Report outlines impact of MDA operation reforms

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
... limited MDA or MDA arrangement where they have not been appointed as an investment manager should be issuing a record of advice (RoA) for every portfolio change." As a result, MGP says the most effective and practical solution for advice practices is ...