Wealth Axis Wizards - MDA: MDA Contract Tracking Report

Wealth Axis Wizards - MDA: MDA Contract Tracking Report

MDA Contract Tracking Report Overview

Due to an update to RG179 your Limited Power of Attorney (LPoA) clients must be transitioned to the new MDA Contract. The MDA Contract Tracking Report will assist you with managing your clients’ new MDA Contracts with the following information displayed:

  • Client information (name, entity ID and adviser)

  • MDA Account information (account type, name and value, and if it is a joint account)

  • If the MDA Contract Wizard has been completed for the client (Yes/No)

  • If the client has signed their new MDA Contract (Yes/No), and the date they returned it to you

 

How to merge the MDA Contract Tracking Report

To merge (or generate) the MDA Contract Tracking Report:

  1. Click List and then Entire List in the search area of the Title Bar (at the top right and corner of the screen):

    • Alternatively, to generate a list of targeted clients click Advanced in the search area of the Title Bar (at the top right-hand corner of the screen), and select the required Saved Search or create a new Advanced Search.



  2. The client list to be reported on will be displayed in the Search Result panel.

  3. Select the clients to be included the MDA Contract Tracking Report, if required.

    • If no clients are selected (ticked), all clients with MDA Assets will be displayed in the Report

    • If some clients are selected, only those selected (ticked) with MDA Assets will be displayed in the Report

  4. From the menu on the left-hand side, go to Reports > Merge Report.

  5. From the Report Category dropdown list, select BTGL - MDA Reports:



  6. Select MDA Contract Tracking by clicking on the arrow icon:



  7. Click Execute.

  8. The MDA Contract Tracking Report will be merged in the background. Click Ok.

  9. When the MDA Contract Tracking Report has been merged, click the letter icon to display the new system message.

  10. Click Download Report to download the file (it will be an Excel spreadsheet).

 

Troubleshooting tips

Why is my client’s MDA Account not displayed in the Report?

Your client’s MDA Account will be only displayed in the Report if all three of the following conditions are met:

  1. MDA Established = Yes (at Advice Process > MDA > MDA Register):



  2. The MDA Account (in Financial Details) is linked to the corresponding account in Portfolios (IPS) (at Portfolios > Portfolio > Position).

  3. For Assets (Investments) accounts, Status = Existing:



    For Superannuation and Retirement Income accounts, Status = Active:

 

Why can’t I see the MDA menu in my login?

The MDA menu (at Advice Process > MDA) is only displayed in XPLAN for advisers authorised by their Licensee to provide MDA Services. If you require access to this menu, please contact your Wealth Axis Adviser

    • Related Articles

    • Wealth Axis Wizards - MDA

      MDA Overview The Managed Discretionary Advice (MDA) Services provided for your clients’ Portfolio Accounts can be recorded and tracked in the MDA Register (at Advice Process > MDA > MDA Register) in line with BT Group Licensee’s MDA policy. The MDA ...

    • Wealth Axis Wizards - MDA: MDA Register

      MDA Register Overview The Managed Discretionary Advice (MDA) Services provided to your clients can be recorded and tracked in the MDA Register (at Advice Process > MDA > MDA Register) in line with BT Group Licensee’s MDA policy, such as: The date the ...

    • Wealth Axis Wizards - MDA: MDA Account Details Report

      MDA Account Details Report Overview How is asset allocation information displayed for each MDA Portfolio Account? For each MDA Portfolio Account, the following asset allocation information for each sector is displayed in the Report: Target asset ...

    • Wealth Axis Wizards - MDA: Preparing new MDA Contracts

      Preparing new MDA Contracts Overview The purpose of this guide is to assist you with managing the transition of your clients' MDA Service Arrangements through XPLAN, including: Capturing the details of existing MDA Service Arrangements and MDA ...

    • Wealth Axis Wizards - Fact Find Wizard Overview

      Fact Find Wizard Overview The purpose of this guide is to provide a step by step outline for entering information into the Fact Find Wizard. If followed correctly, you will have a fully completed (based on the amount of information provided by the ...

    • Popular Articles

    • Wealth Axis Files - Naming Convention

      File Format: Date, Client Name, File Name Date - yymmdd E.g: 12 Sept 2013 - 130912 E.g: Undated - 010101 Client Names One Client / Only primary client (John Smith) E.g: Smith, J Two Clients (Primary and Secondary Client/Client and Partner) - Married ...

    • Wealth Axis Wizards - Overview

      Overview  This article is designed to help you effectively use the Wealth Axis Wizards in XPLAN. The key features of the Wealth Axis Wizards are: Integration with key modules such as Client Focus, Portfolios (IPS), Risk Researcher, WealthSolver and ...

    • New User Manual - Admin

      XPLAN and the Advice Process Overview Many advisers use the Advice to Client process to manage the advice process in their business. To enable participants to be able to relate to the different modules in XPLAN, this course is structured along the ...

    • Administration - Email: Setting up the Outlook Plugin

      Outlook Plugin - Overview  Outlook Plugin is a function available with XPLAN that allows you to quickly and easily save and record email correspondence in the XPLAN document library as a Note that is linked to a client or user entity. This allows for ...

    • XPLAN Workshop - XPLAN Client Setup

      Introduction Overview     Each practice deals with leads, referrals and potential clients differently. However, most practices have a system regarding the way client information is recorded and relationships with clients are managed. In this section, ...

    • Recent Articles

    • XPLAN Legislative Rates June 2022

      XPLAN Legislative Rates - June 2022 Legislative rates have been updated to reflect: 1. Social Security rates effective July 2022 2. AFSA Retirement Standard Benchmarks for the March Quarter 2022.  Social Security Rate Changes - July 2022 The rate ...

    • XPLAN: Task Notifications - Redirecting

      XPLAN: Redirecting Task Notifications XPLAN task notifications can be sent to your Email Inbox (e.g. Outllok, Gmail) to notify you if a task has been created, unactioned, is overdue or complete. If the task notifications cannot be turned off, then ...

    • XPLAN Version Enhancements - 18 November 2021 (Version 21.11.195)

      XPLAN Version Enhancements - 18 November 2021 (Version 21.11.195) Client Focus Digital Signature Notification will Honour the "Override from Address" when sent by Super User The notify signatories template configured in system settings > client focus ...

    • XPLAN Version Enhancements - November 2021 (Version 21.11.194)

      XPLAN Version Enhancements - November 2021 (Version 21.11.194) Client Focus New Current Residential Address Field A new field, current residential address, has been added to record a client’s current address. When entering the first address for a ...

    • XPLAN Datafeeds: HUB24 Enhancements (v4.3) 29 October 2021

      HUB24 Enhancements: 29 October 2021 HUB24 have released enhancements to their  XPLAN EPI 4.3 datafeeds, to be effective 15 November 2021. Below is the information directly from HUB24 on the enhancements. The Individual Holding extract is where the ...