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VID: 20250519
013
Licensee Name: Quill Group Financial Planners
Adviser Name: Tony
Scene One – Providing Entity
Adviser: Tony
AR number: 238880
Contact number: 0738404700
Practice name: Quill Group Financial Planners
Licence name: Quill Group Financial Planners
AFSL number: 300810
E-mail: tony.marshall@quillgroup.com.au
Voiceover:

Hi Julie and Mick! Tony here from Quill Group Financial Planners, presenting to you your personalised video Statement of Advice today. 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: Julie Keogh
Age: 57
Gender: Female
Ethnicity: Caucasian
Client name: Mick Keogh
Age: 60
Gender: Male
Ethnicity: Caucasian
Lifestyle:
Working, Married, adult children
Reason for advice:
They are retiring and we would like to add additional money to super but it must remain in TDs.. therefore alternative super funds to be reviewed.
Voiceover:

You are both married and have adult children. Although you are both currently working, you will be retiring soon and have come to me to review your superannuation in light of retirement.

Visuals:

Show them as 60yo couple standing together and smiling, and show one adult child on each side of them. Then show them both lying in lounge chair on the beach holding a drink, then show Building with label "Superannuation" on top with magnifying glass.

Scope: Superannuation (platform), Superannuation (investment)
Goals 1:
You would like to meet your ideal retirement lifestyle by having an annual income of $80,000 to 90,000
Goals 2:
Your goal is to adequately fund your retirement living expenses as well as to provide some surplus monies for any one off capital expenses.
Goals 3:
Retire and tour around Australia
Goals 4:
Sell home and build reitrement home at Cashmere ($200-300,000 including fencing and driveway)
Voiceover:

We therefore agreed that this advice will cover superannuation platforms and underlying investments. Your goals are to retire with an annual income of 80 to 90 thousand dollars, provide for some one off capital expenses in retirement, be able to tour around Australia in retirement, and sell your home and build your retirement home at Cashmere which will cost you approximately two hundred to three hundred thousand dollars.

Visuals:

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

Goals:
1. Retire on $80-90k
2. One-off expenses
3. Travel around Australia
4. Build Cashmere home for $200-300k

Advice 1: Move your existing Australian Retirement Trust (ART) Super accounts for both Mick and Julie to HUB24 Super (Choice menu). Invest in: 50% Vanguard Balanced index fund and 50% Vanguard Growth index fund, after leaving a minimum cash balance of 1.25% in each account.
Basis:
reduced fees and wider investment selection
Risks:
make not perform as expected
Advice 2:
Concessional Contribution of $30k each this FY. Invest as above ie Vanguard 50% / 50%.
Basis:
increase super savings for retirement income
Risks:
cannot access funds until retired
Advice 3:
Option to do NCC of up to $120k for Mick. If Mick makes this contribution, invest 100% in a term deposit.
Basis:
increase super savings for retirement income
Risks:
cannot access funds until retired
Voiceover:

My first advice is to rollover your existing Australian Retirement Trust super accounts to HUB two four accounts and hold 1.25% in cash and invest the remaining in 50% Vanguard Balanced Index Fund and 50% Vanguard Growth Index Fund. This will result in reduced fees overall, as well as a wider investment selection to suit your needs. However, please note that investments are subject to market risk and therefore may not perform as expected.

My second advice is to make a pre-tax contributions of $30,000 each this financial year and invest in the same fifty fifty split I mentioned earlier. This will increase your superannuation savings and provide income in retirement. That said, please note that you are unable to access these funds until you are retired.

My third advice is for Mick to make a post-tax contribution of $120,000, to be invested 100% in a term deposit. Like my previous advice, this will also boost your superannuation saving and provide income in retirement, with the knowledge that you cannot access the funds until you are retired.

Visuals:

Like Shaun's insurance videos, show image of Julie on top left and Mick under her. Then next to Julie, show Building with ART Super logo (google this) and blue arrow with label "full balance" pointing to Building with HUB24 logo. Show same for Mick. Then on the right, show a pie chart showing 1.25% cash, then for the remaining, show equal halves and label "Half Vanguard Balanced Index Fund" and label "Half Vanguard Growth Index Fund". Under all this, show two green ticks and one red exclamation with labels "Reduced fees", "More investment options" and "Market performance risk".

Show image of Julie on top with blue arrow label "$30k" on top and underneath label "Concessional Contribution" pointing to Building with HUB24 logo. Show same for Mick below. To the right of this, show pie chart with label "50% Vanguard Growth" and "50% Vanguard Balanced". Under all this, show one green tick and one red exclamation with labels "Build super, retirement income" and "No access until retirement".

Show same image as above, but just for Mick. blue arrow will be labelled $120k" on top and "Non-concessional Contribution" below. Show same green tick and exclamation mark with same labels.

One off advice fee: nil
Ongoing service fee: Continue existing ongoing fee of $7500 pa from your company Jingko Pty Ltd. Plus add new fee of Julie $1,860 pa and Mick $2,000 pa.
Ongoing service 1: Continue with our Tailored Service 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):
Benefits lost and gained:
Extra material:
Extra material:
Extra material:
Voiceover:

Let's discuss fees.

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

There is an ongoing fee of $1,860 per annum for Julie and $2,000 per annum for Mick. This ongoing service fee places you on our Tailored Package, which means you will receive the following services.

Lastly, please note the following two tables. They demonstrates that, on a like-for-like basis, my recommendation has resulted in lower fees for both of you overall. The next pair of tables are your asset allocation, which demonstrates that my investment recommendations are aligned to your balanced risk profile.

Visuals:

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

Show another with "Ongoing fee - $1,860pa (Julie)" label and "Ongoing fee - $2,000pa (Mick)" label. Then show the same list underneath it as Peter's last video (Mal) and in the same design.

In next scene, show "Like for like fee comparison" for Julie and Mick (last two images) side by side and circle the $2,669 and then $3,492 both in green. Then show Asset Allocation tables only (one each for Julie and Mick, but without pie charts).

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:

Julie and Mick, 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 product disclosure statement 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.

This advice purely considers your interests only, and is in your best interests. Please sign the authority to proceed 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.

Rest of scene is same as other final scenes

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