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That's a wrap!

We think we can all agree that 2022 happened as though it was on timelapse! It’s hard to believe that the Summit and PIFA Symposium were almost a month ago (!!) and that makes it time, as another year draws to a close, to update you on the end of year details.


Before we do that though, let’s quickly reflect on the IFA-Aust 2022 Summit …


We invite you to log in to your IFA-Aust portal and head over to the Annual Summits page (or click HERE). There you’ll find:

  • the slideshow,

  • your workbook,

  • some happy snaps,

  • and in ‘discussion points’ you’ll find our notes from the day …

    • the 29 ‘must have answers’ to biggest business questions in independent financial planning

    • the ‘FP process unpacked’

    • FP metric exercises:

      • Calculating your target revenue

      • Calculating minimum fees for your clients

      • Client conversion rates template

    • The two ‘pools of value’ exercises

Having now returned to your busy office, consider this …

  1. what has stuck with you?

  2. What have you decided to focus on for 2023?

  3. What have you decided to do differently?

  4. What would you most like to see more of, by way of follow up from the day?

And now to update you on how things are going to work over the next few weeks …


CPD 2022

At the risk of sounding like a nag, please don’t forget to finish off the requirements to satisfy your CPD plan for the 2022 CPD year. If you are not sure on where you’re up to or need some help navigating your Kaplan Ontrack register, please don’t hesitate to get in touch – submit your query easily through the portal HERE.


Oct-Dec 22 rebate reports

We’re sending your rebate reports to you nice and early so you’ll have them by the 4th of January. Please make good use of this extra time and be sure to update Revex so that your clients get a nice new year treat when commissions are rebated to them on Tuesday, 31st January.


December fee reports and payments

Your December fee payments will be released on 5th January 2023 and will include all fees received during December that are able to be allocated.


The last unallocated fee post will be for fees received up to and including 20th December. Anything received after that which we can’t match in Revex and which would normally be listed on an unallocated fee post will need to be rolled over to January, so please make sure you have all your recurring fee plans in place and that your clients know to correctly identify their payments if paying by EFT.


Closing over the break

Other than above, the IFA-Aust office will be closed from Friday, 23rd December and will reopen on Monday, 9th January 2023. Any enquiries you have during those times will be addressed after our return.


Ezidebit arrangements

We will be able to process any Ezidebit requests including setups, cancellations and edits that are received by 12pm AEDT on Thursday 22nd December. Any requests received after that date will be processed after we return to the office. If you have an urgent cancellation request you can contact Ezidebit directly on (07) 3124 5500, quoting the client name & their Ezidebit payment ID which is located towards the top of the payment schedule we provide you when setting the arrangement up.


2022/23 PI insurance renewed

We’ve finalised the renewal of the PI and the certificate of currency can be found in the portal HERE. Keep your eye out next week for details on your contribution and the arrangements for payment.


We hope you all get to enjoy a break and wish you a happy, safe and restful Christmas and new year.


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