Wealth Axis Wizards - Review Report: FDS Review Report
FDS Review Report
<Description>
How to Access FDS Review Report
- Go to Wealth Axis FP Tools > E2E Wizard
- Click on 11b Review Report
Review Report Navigation
Scenario Index
- Select an existing Scenario by clicking on a Scenario Name
- If you are creating a new scenario, click on the Create Scenario button. A pop up screen will appear as shown below.
- Enter the Scenario Name into the text box.
- Click OK. You will be taken to the Details page.
- Once completed click Next and move on to the next section
Notes
- Select the client for Advice
- Select the Advice Validity Period to allocate how long the advice valid for
- Select yes or no for Include Cover Page and Include Back Cover Page
- Select the Date to Use,
- if using a Custom Date, enter the Custom Date
- if using a Custom Date, enter the Custom Date
- In the Select Report Contents, select the Documents that you wish to be included in the report by clicking the checkbox icon
- Select yes or no to Merge the Documents above
- Click on the checkbox to merge the following documents separately at the end of the wizard
Note: In this example we selected FDS/Opt-in
-
FDS/Opt-in
-
Financial Services Guide
- Ongoing Service Agreement
-
FDS/Opt-in
- Once completed click Next and move on to the next section
Letter Editor
- Select the Area of Advice from the dropdown options, in this example we selected Administration Service
- Select Letter from the dropdown options, in this example we selected FDS/Opt-in
- Select the Period Ending date
- Enter in the Regarding (RE.) title and Content
- Select the Letter Closings from the dropdown options
- Select yes or no to include Print on Letterhead
- Once completed click Next and move on to the next section
Personal Details
In this section complete and check the Client(s):
- Details
- Tax and Resident Status
- Health Status
- Once completed click Next and move on to the next section
Service Packages
- Select the your Service Package in Category
Note: If you do not have a Service Package, learn how to setup a Service Package here
- Select the Client Value and Investor Type from the dropdown options
- Click on the checkbox to Include Renewal Notice (Opt-in)
- Enter the FDS Start Date and FDS End Date
Note: The dates has to be within a 12 month period
- Enter the Next Disclosure Statement Date
- Select the Source of Fees from the following
-
CommPay
One selected the FDS CommPay Fees page will open in the next page
-
IPS Feed
Once selected the Ongoing for IPS section will pop-up below, Edit or Delete any existing Ongoing Fees,
To add Fees, click the Add button and complete the information in the Ongoing for IPS section
Once completed click save
-
Invoice
Once selected the Invoice source will pop up and select between the following option in the dropdown menu:
- Invoice within Date Range
- Invoice Number
- Invoice within Date Range
-
Manual
One selected the FDS Manual Fees page will open in the next page
Enter the required information in the Manual Fee section
-
CommPay
Select the Offers & Services Source
- Click the checkbox if all Prescribe Service Offerings have been provided, if No state the reasons why
- Select the Service Offerings provided
- Select the Frequency of the various Client Communication options
- Select any Third Party Assistance
- List down Other Service Offerings
- Once completed click Next and move on to the next section
Opt-in and FDS Details
In this section confirm the Ongoing Fee Agreement, Signed and Renewal Date. In the Opt-in Details confirm that the Opt-in is required, the Next Opt-in Date and if it Subject to Grandfathering
In the Renewal section confirm the Renewal Notice Start and Response date
In the Disclosure Statement tab, confirm that a Disclosure Statement is required and the Next Disclosure Statement Date
In the Opt-in/FDS History section, you can view the previous FDS that have been provided
Once complete click Next to continue to complete the wizard
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