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.
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.
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.