Midwinter releases new version of Reasonable Basis
Financial advice software provider Midwinter Financial Services has released Version 2.0 of its Reasonable Basis program, which has a number of new features that are available to both new and existing users.
Reasonable Basis is Midwinter’s flagship product and aims to satisfy an adviser’s disclosure obligations under the Financial Services Reform Act by guiding them in justifying their product and strategic recommendations.
Included in the new version is a module that enables advisers to compare and optimise the best gearing strategies for their clients as well as a tool that facilitates the easy transition of books of super business from platform to platform.
Midwinter has also made a number of upgrades to the software, including the ability to link client objectives with the features and benefits of the ‘to’ and ‘from’ fund when super switching, automatic commission disclosure for Statements of Advice and the ability for multiple advisers to use the software from one terminal.
AUTHOR
Recommended for you
Sharing his reasoning in joining the FSC board, WT Financial chief executive, Keith Cullen, believes “product and advice cannot be separated” from each other in the current environment.
The Emerge Foundation, a charity run by financial advisers and fund managers, has announced a scholarship program to help veterans transition into tertiary education.
In an open letter, Sequoia chief executive Garry Crole has hit out against shareholders “with a personal axe to grind” as he fights for his job ahead of an EGM.
The JAWG has announced it is in talks with Treasury around five “core principles” to strengthen the education standards for new entrants to the financial advice space.
