AccountantsIQ offer SOA solution ahead of June 30

accounting/fintech/finance/

7 April 2017
| By Hope William-Smith |
image
image
expand image

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.

“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.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 days 21 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3