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May 2016

SOA Automation. Tools promising 80% time savings putting pressure on offshore Paraplanners

By: Odyssey In the Press
Tags: Automation, Cost Savings, SOA

A non-institutionally owned financial planning and accounting dealer group has launched an automated Statement of Advice (SoA) tool it claims will cut the time it takes accountants to produce a range of advice documents by up to 80 per cent. The tool produces SOA’s in five key areas: stablishing a self-managed superannuation fund (SMSF); borrowing to invest in real estate under a Limited Recourse …