intelliflo embeds new fee tracking feature in flagship platform
intelliflo has unveiled new capability within its flagship advice platform, promising users enhanced fee oversight and tracking capabilities.
The dedicated fee consent screen, available within the intelliflo office platform, gives users a streamlined means of managing ongoing fee arrangement (OFA) renewals and consents with their client book.
This capability promises to significantly reduce the time advisers spend on “chasing documentation”, intelliflo said.
The new fee tracking feature follows the addition earlier this year of two new dedicated templates on the platform’s base account for ongoing fee arrangement (OFA) and OFA renewal.
intelliflo chief executive and co-founder Nick Eatock said the capabilities were launched in response to Quality of Advice Review and subsequent DBFO package reforms.
“Well before the legislation was finalised, intelliflo was workshopping how it could implement new solutions that meet advisers’ expectations for simplified, time-saving and flexible options to help serve their clients – a big theme from the Quality of Advice Review,” he said.
Eatock said the platform can expect a several updates as future changes to the QAR and DBFO are introduced.
The fee tracking upgrade comes following the addition earlier this month of three new business intelligence dashboards.
I think these numbers are too low. Especially if you live in major cities. I try to ensure none of…
Are Interprac / Sequoia going to pay the 10’s of $$ millions in AFCA complaints ? Even after Macquarie &…
Always back self interest when a body is marketing a submission to the government
In other words the system is achieving what the government wanted to happen.
Every day I come on here it feels like it is just the SMC trying to lobby to make one…