We’re introducing new functionality to support Ongoing Fee Arrangements
On Monday 8 August, we're introducing the following enhancements to better support the use of Ongoing Fee Arrangements (OFAs):
Updates to the advice fee consent form (previously known as the advice fee alteration form)
From 8 August, the advice fee alteration form will now be referred to as the advice fee consent form. This terminology change is the result of feedback we received from you and will be reflected throughout North Online.
OFA event alerts
Similar to the event alerts used for fixed term advice fees, we are introducing new event alerts for OFAs. These alerts can be subscribed to so that you can be notified of upcoming anniversary dates, renewal periods and OFAs where the renewal period has lapsed within the previous 7 days.
These event alerts will help you to manage your OFAs and future renewals.
Reporting
The advice fee schedule report and historical advice fee payments report will now include information about your OFAs. This means that you can continue to use these reports how you normally would, and review OFA information as well.
Like to know more?
Contact your North Business Development Manager.
Important information
The information on this page has been provided by NMMT Limited ABN 42 058 835 573, AFSL 234653 (NMMT). It contains general advice only, does not take account of your client’s personal objectives, financial situation or needs, and a client should consider whether this information is appropriate for them before making any decisions. It’s important your client consider their circumstances and read the relevant product disclosure statement (PDS), investor directed portfolio guide (IDPS Guide) and target market determination (TMD), available from northonline.com.au or by contacting the North Service Centre on 1800 667 841, before deciding what’s right for them.
MyNorth Investment and North Investment are operated by NMMT. MyNorth Investment Guarantee is issued by National Mutual Funds Management Limited ABN 32 006 787 720, AFSL 234652 (NMFM). MyNorth Super and Pension (including MyNorth Lifetime), MyNorth Super and Pension Guarantee and North Super and Pension are issued by N.M. Superannuation Proprietary Limited (ABN 31 008 428 322, AFSL 234654 (NM Super) as trustee of the Wealth Personal Superannuation and Pension Fund (the Fund) ABN 92 381 911 598. NMMT issues the interests in and is the responsible entity for MyNorth Managed Portfolios. All managed portfolios may not be available across all products on the North platform. All of the products above are referred to collectively as MyNorth Products. The information on this page is provided only for the use of advisers, it is not intended for clients. This page provides a brief overview of some of the benefits of investing in MyNorth Products. The adviser remains responsible for any advice/services they provide to clients including making their own inquiries and ensuring that the advice/services are appropriate and in accordance with all legal requirements.
You can read the Financial Services Guide online for more information, including the fees and benefits that companies related to NMMT, N.M. Superannuation Proprietary Limited ABN 31 008 428 322, AFSL 234654 (N.M. Super) and their representatives may receive in relation to products and services provided.
North and MyNorth are trademarks registered to NMMT.
All information on this website is subject to change without notice.
The release date was previously communicated as 1 August however, this has now changed to 8 August 2022.