PLEASE READ: important information for compliance with the implementation of FSLAA on 15 March
To help you prepare for the implementation of the Financial Services Legislation Amendment Act implementation on 15 March we have made the following changes to the Quotemonster site:
- We have prepared an outsourced provider statement. This provides you with information to meet the license conditions for a Financial Advice Provider to use a third party (us) as part of your advice process (for example: preparing comparison quotes and research reports). Please download, read, save a copy – refer to this link for the statement.
- Updated Advicemonster – an external review has been conducted, the draft statement of advice (SOA) has been updated, and the system for preparing the SOA has been improved. If you are an Advicemonster subscriber we suggest you run a new trial needs analysis to check out the new report – it is a more comprehensive and robust document that speeds up the process of creating new life and health statements of advice. If you don’t subscribe, or you would just like a quick refresher on how to use the system, click here to request a demonstration.
- Updated our terms and conditions – refer this link for details.
Coming up: there will be further changes to the adviser profile page to reflect changes to the FSPR due to the new licence regime. We will update you on those next week.
If you have any questions or concerns, please contact us or call (09) 480 6071. Thank you for being a customer of Quality Product Research Limited.