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VID: 20250207
009
Licensee Name: Quill Group Financial Planners
Adviser Name: Peter
Scene One – Providing Entity
Adviser: Peter
AR number: 238879
Contact number: 0738404700
Practice name: Quill Group Financial Planners
Licence name: Quill Group Financial Planners
AFSL number: 300810
E-mail: peter.kirk@quillgroup.com.au
Voiceover:

Hi Mal! Peter here from Quill Group Financial Planners, presenting to you your personalised video Statement of Advice on the XX of February 2025. My authorising licensee and contact details are on the screen now, should you wish to reach out to me at any time. Okay, lets get right into it.

Visuals:

Same as all scene 1

Client name: Mal Davies
Age: 64
Gender: Male
Ethnicity: Caucasian
Lifestyle:
married, adult children
Reason for advice:
to grow his superannuation balance in line with his risk profile
Voiceover:

Mal, you are 64, married and have adult children. You have come to me seeking advice to grow your superannuation balance and invest it in line with your risk profile. 

Visuals:

Show Mal as a mid 60s Caucasian man with a similar aged wife. In the same screen, show a Line Graph with vertical axis labelled 'Balance' and green line going up, and next to it show a pie chart split into 25/75, but no labels, only two different colours.

Scope: Superannuation (platform), Superannuation (investment)
Goals 1:
Mal wants to grow his superannuation balance in line with his risk profile in preparation for retirement.
Voiceover:

Mal, we agreed that this advice will cover a review of your superannuation platform, as well as the investments within it.

Your goal is to ensure that you have the right superannution platform and are growing your funds within it in preparation for retirement, and in line with your risk profile.

Visuals:

Scope:
1. Superannuation (platform)
2. Superannuation (investment)

Goal:
Grow superannuation funds for retirement within the right platform and within your risk tolerance

Advice 1: Invest proceeds from BT & Netwealth super rollovers in Hub24
Basis:
grow super at above cash rate prior to retirement
Risks:
Your portfolio will now contain growth assets which are subject to market volatility Actual performance from your portfolio may be less than expected
Voiceover:

Mal, you had two existing superannuation funds - B T and Netwealth. You rolled them over and consolidated them into a new HUB two four superannuation platform andnow want to know how to invest the funds currently sitting in cash. I recommend you invest $170,000 of the funds into E Q Diversified managed fund and leave the remainder in the cash account within the super fund. That way, as you can see, your funds within super will be invested in line with your 60 40 balanced risk profile.

Further, doing so means your funds will be invested in quality investments that will give you a return above the cash rate prior to retirement. However, please note that investment performance does not always go up, there may in fact be periods of decline. 

Visuals:

Show two Buildings on the left and right, one labelled BT logo on top and the other labelled Netwealth logo. In the middle of them, show another building labelled with HUB24 logo, and show blue arrow going from the other two building to this one in the middle. In the next scene at the top, Show "$170k" then green arrow then "EQ Diversified" then underneath, show "$2,620" then green arrow and then "Cash". Then under this, show the Peter - Mal - Asset Allocation jpeg file.

In the next scene towards the left, show green tick then "Quality investments" then underneath another green tick and "Return higher than cash rate". Then on the right, show the investment risk graph with the red zig zag line.

One off advice fee: nil
Ongoing service fee: existing ongoing fee is $3300 pa, and will be increased with CPI annually
Ongoing service 1: For your circumstances we recommend the Tailored package. Our Tailored ongoing service package is designed for those that either have larger sums invested, slightly more complex circumstances or prefer the peace of mind knowing that their circumstances will be reviewed on a more regular basis. • A minimum of one meeting per annum with your Relationship Manager and Account Manager to review your portfolios and financial planning strategy – this can be at our premises, via phone, or an online meeting • Six monthly comprehensive Portfolio Review, including analysis of investment performance • Six monthly review of your risk profile and asset allocation • Annual review of your estate planning needs and outcomes • Annual review of your life insurance needs and sums insured (if applicable) • Annual review of your net cash flow and wealth creation strategies In addition to the above services, you may also receive: • Consideration of appropriate superannuation strategies, including co-contribution, contribution limits, minimum pension, etc • Superannuation, investment, and insurance product comparisons and analysis • Analysis every two years of your progress toward meeting your retirement goals or lifetime financial goals • Where applicable, assistance with Centrelink entitlements including the impact of any strategy • Regular contact with your Relationship Manager and Account Manager via telephone, e-mail and face to face • Liaison with other key advisers, such as accountants, solicitors, superannuation fund administrators etc Any additional strategic advice required, for example the investment of additional funds or a significant change to your situation, will be charged at an hourly fee. This fee is currently $330 per hour including GST. We will always provide a quote for this work prior to commencement.

Product fees

Like-for-like Comparison:
Funds list with MER/ICRs:
Product costs (ICR/MER):
Voiceover:

Let's discuss fees.

First of all, great news, there is no upfront fee for our advice.

There is an ongoing fee, which amounts to $3,300 per annum, deducted from your super account in equal monthly instalments and annually indexed to CPI. This ongoing service fee places you on our Tailored Package, which means you will receive the following services from me.

Lastly, please note the following tabls. This table demonstrates the annual amount of your product costs, and is a cost charged by HUB 2 4

Visuals:

Put "$ Upfront" label and put a red cross over it.

Show another with "Ongoing fee - $3,300pa" label. Then show the following as a list with blue ticks:

Annual review with Relationship Manager
Annual review of estate planning needs
Annual review of life insurance needs
Annual review of net cash flow and wealth creation
6-mthly review of risk profile and asset allocation
24-mthly review of your progress towards retirement goals
Regular access to Relationship Manager

Finally, show Product Cost JPEG and draw green circle around the $2,644

Incorrect/incomplete Info: We have based this advice on information gathered from our discussions, and your completed Client Confidential Data Collection Booklet. Therefore this information is not relevant to anyone other than you. We have assumed that this information is correct. Should any information have changed or be incorrect, you should contact us so we can review these strategies.
Associations/Conflicts: For information regarding benefits, interest and associations, please refer to the Financial Services Guide. We have already provided a copy, however you can view the latest version on our website: www.quillgroup.com.au. Alternatively we can e-mail or post a copy to you on request. Quill Group Financial Planners Pty Ltd is a wholly owned subsidiary of Quill Group Holdings Pty Ltd (QGH). QGH also owns Quill Group Financial Planners 1 Pty Ltd, Quill Group Accounting Pty Ltd, Quill Group Nominees Pty Ltd, Quill Group Investment Management Pty Ltd, a 50% share in WDN Wealth Pty Ltd, and a 50% share in Quill Group Lending Pty Ltd. The Directors of Quill Group Financial Planning also have a financial interest in QGH. Where you are referred to a related entity by your adviser and take up the services of that business, the Directors and shareholders may make monies from their ownership in QGH. The Directors of Quill Group Financial Planning also have a financial interest in QGH. Where you are referred to a related entity by your adviser and take up the services of that business, the Directors and shareholders may make monies from these relationships as part of the profits from their ownership in QGH. Employees of all the above entities, including your adviser, are paid a salary, and may be entitled to financial incentives. Employees who are also Directors may receive dividends from the profits of the business. From time to time, we and your financial planner may also receive other benefits from product issuers, such as technical advice and training and conference support in the form of travel and accommodation subsidies. We maintain an Alternate Forms of Remuneration Register. The Register, which you can review by contacting us, outlines some alternative forms of remuneration (including the incentive payments referred to above) that we may pay to or receive from licensees, fund managers or representatives (each of whom also maintains a register).
Sole Use: This Statement of Advice is for your consideration and use only.
Cooling Off: After you acquire certain financial products, a 14 or 28 day cooling off period will apply in certain circumstances. This means you can cancel or transfer to another financial product within this period if you decide this financial product no longer meets your needs. Please refer to the relevant PDS for details regarding your cooling off rights.
Sunset Clause: Our advice remains current for a period of 30 days from the date of this document. If you decide to implement our recommendations after this time (or if your circumstances change during this time), please contact us so we can confirm that the advice continues to be suitable for you.
Voiceover:

Mal, we have now covered the advice in full and with that, there are a few important points I need to make.

This Statement of Advice is for your consideration and your use only.

We have based this advice on information gathered from our discussions, and your completed Client Confidential Data Collection Booklet. We have assumed that this information is correct. Should any information have changed or be incorrect, you should contact us so we can review these strategies.

For information regarding benefits, interest and associations, please refer to the Financial Services Guide. We have already provided a copy, however you can view the latest version on our website. Alternatively we can e-mail or post a copy to you on request.

After you acquire certain financial products, a 14 or 28 day cooling off period will apply in certain circumstances. This means you can cancel or transfer to another financial product within this period if you decide this financial product no longer meets your needs. Please refer to the relevant PDS for details regarding your cooling off rights.

Finally, my advice remains current for a period of 30 days from the date of this video. If you decide to implement our recommendations after this time, or if your circumstances change during this time, please contact me so we can confirm that the advice continues to be suitable for you.

Mal, this advice purely considers your interests only, and is therefore in your best interests. Please sign the A T P if you wish to proceed with my advice. Otherwise, if you have any questions, please let me know. Thank you!

Visuals:

1. This SoA is for you only.

2. Let us know of any incomplete or inaccurate information immediately.

3. While we do not share any association with any of the products we have recommended in this advice, please refer to our FSG for further disclosures on any broad associations we may have.

4. 14-28 day cooling off period - please check relevant PDS

5. This advice is valid for 30 days from today's date.

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