![]() Still, the factors above should be enough for a start. Besides the factors mentioned above, there are many other factors: having a mobile app, user experience, tax-loss selling, minimum deposit, etc. #Available countriesĭo they accept clients from your country of residence? #Personalization of your portfolioĭo they allow you to personalize your portfolio according to your specific needs and preferences, or are you only allowed to go with one of the predefined portfolios? #Auto Rebalancingĭoes the Robo-advisor automatically rebalance your portfolio as prices changes, dividends, and new deposits modify your capital allocation? #Advisor accessĭo they allow you to speak to a human advisor?Īs an investor, choosing the best Robo-advisor is crucial, but it is tough and time-consuming to choose the best to start with. While some may offer a better service that justifies their higher fees, one should understand and compare fees to ensure they don’t burn your profits. Most Robo-advisors differ in terms of the fees charged. Is it regulated by top-tier institutions? Does it offer investment protection? Where is it based, and operating for how long? Is it publicly listed? What do their customer reviews say? #Fees Please make sure they are an independent, low-cost, and transparent investment service. Most Robo advisors are partners of a specific broker, and you should carefully investigate if they are not “pushing” their own investment products, often with high fees. Where and how they will invest your money. Our website and portal work best if your computer or device meets these minimum specifications.Important factors when choosing a Robo-advisor The TMD also describes our reporting requirements, and events or circumstances where we may need to review the TMD. ![]() A TMD describes the types of customers a financial product is appropriate for, based on their likely needs, objectives and financial situation (target market), and it establishes the conditions and restrictions in relation to how the product can be distributed to customers. To ensure that CSC is keeping customers at the centre of our approach to the design and distribution of our products, a Target Market Determination (TMD) has been made for ADF Super, PSSap and CSCri. Commonwealth Superannuation Corporation (CSC). You should obtain a copy of the relevant Product Disclosure Statement and consider its contents before making any decision regarding your super. You may wish to consult a licensed financial advisor. Before acting on any such general advice, you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Ensure that the authority specifies who from your agency is authorised to access to your client's details.Ī valid authorisation will remain in place indefinitely unless a timeframe is specified, or until authorisation is revoked verbally and/or in writing by your client.Īny financial product advice on this website is general advice only and has been prepared without taking account of your personal objectives, financial situation or needs.Full name (including any middle name/s).Have the authority signed and dated by your client.Address the authority instructions to CSC.To speed up your access, don't forget to: Then, send this information to CSC via email-contact details for each scheme are listed at the bottom of this page. Providing our member's signed authority instructions on your letterhead.Having your client complete our Third Party Authority form or.If you are working on behalf of a member of one of CSC's schemes, we need written consent from them before you can access their personal information. From time-to-time, qualified professionals who provide advice to CSC members-such as financial advisors, accountants or legal representatives-may request information on behalf of a CSC member.
0 Comments
Leave a Reply. |