AccountantsIQ offer SOA solution ahead of June 30

AccountantsIQ has introduced a white label statement of advice solution to help accountants with advice documents as super reforms loom.

Accountants are looking to minimise business disruption and save time when trying to implement and cater for the super reforms prior to June 30, according to AccountantsIQ.

AccountantsIQ director, Bronny Speed, said the firm’s statement of advice (SOA) template had proved popular ahead of the 30 June deadline.

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“With the complexity of the super reforms, we have noticed a large increase in enquires about our advice templates – predominantly the statement of advice and fact find,” she said.

“Many don’t have time to be writing strategy text to explain these detailed new areas and are looking for professional templates… plus they need to have peace of mind their SOAs meet all the ASIC [Australian Securities and Investments Commission], FOFA [Future of Financial Advice] and the best interests requirements.”

“We recognise that this is a busy time for accountants.”




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Comments

Great article. My only query is around FOS. Since this is the first place a complaint goes, FOS is the real authority on whether an SOA is "acceptable".

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