Building on recent enhancements to the North Online switch functionality, two new features were added to the Switch investments screen for MyNorth products late last year:
- A new ‘Proposed fees’ tab which displays an estimate of the expected fees should a proposed switch be submitted.
- The ability to download data to help complete a record of advice (ROA) as part of an investment switch, including the following:
– estimated buy/sell costs,
– fees breakdown,
– proposed asset allocation.
It’s anticipated that these enhancements combined with those delivered in August 2020 will save you between 5 and 10 minutes on each transaction when completing an investment switch with an ROA.
Webinar
Register here to watch the Switch investments enhancements and ROA data downloads webinar on-demand to run through the changes.
More information
Refer to FAQs on the new enhancements, or contact the North Service Centre on 1800 667 841 or north@amp.com.au, or contact your business development manager.
What you need to know
This communication is provided by NMMT Limited ABN 42 058 835 573, AFSL 234653 (NMMT) for adviser use only. It must not be distributed to or made available to retail clients. Any advice in this email is general in nature and doesn’t consider anyone’s personal circumstances. It’s important a person considers the MyNorth Managed Portfolios PDS, available from northonline.com.au or by contacting the North Service Centre on 1800 667 841, before deciding what’s right for them. You can visit www.amp.com.au for more information about AMP’s services, relationships and remuneration including our financial services guide. MyNorth is a registered trademark of NMMT Limited ABN 42 058 835 573 AFSL 234653. NMMT is a part of the AMP Group.