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An Adobe Printable copy of this service is
available by clicking Here ANNUAL
REVIEW SERVICE The most
crucial step in the successful implementation of any financial planning
strategy is the establishment of regular and thorough reviews. As a
strategy can only be created in light of the current environment and your
goals and desires, there is a need for reviews to ensure adaptation to any
changes to these circumstances in the future. These
services are available for clients whose portfolios are already established,
as well as those who have utilised the investigation and implementation
sections of our services. Review
Process
During
these reviews we will follow these steps: ·
review your
circumstances and make any changes which will affect your personal situation in
regards to long term goals, current income needs, etc. ·
review your current
investment portfolio ·
discuss possible
changes (if any) ·
implement any changes
·
a written report will
be updated and issued annually containing the following: Reporting
The
written report provided will include: ·
Opening and closing
values of individual investments ·
Opening and closing
values of the total portfolio ·
Transactions,
including additional deposits and withdrawals ·
Summary of interest,
income and dividends ·
Commentary on the
performance of individual assets ·
Commentary on the
performance of the total portfolio ·
Recommendations for
changes in asset allocation or switches. Market
Information Service
In
order for you to keep informed on not only your specific portfolio, but the
financial planning market in general, additional information will be provided
via: ·
Quarterly VicWide
Financial services Newsletter “On Target”. ·
An interesting,
entertaining and educational annual briefing in which you will be invited to
presentations on investment markets or other relevant topics and given the
opinion of specialists and fund managers on issues relating to those markets or
topics. ·
We also provide you
with unlimited freepost envelopes for your convenience. Goods & Services Tax
(GST)
VicWide
Financial Services Pty Ltd may recover from you an amount of GST, such amount to
be in addition to any other consideration payable under this Agreement and to be
calculated by multiplying the amount or consideration payable by your for the
relevant supply by the prevailing GST rate. Any additional amount on account of GST recoverable from you
under this clause shall be calculated without any deduction of any other amount
and is payable by you upon demand by VicWide Financial Services Pty Ltd whether
such demand is by means of an invoice or otherwise. VicWide
Financial Services Pty Ltd will use its best endeavours to determine reasonably
the extent (if any) to which any amount payable by you to VicWide Financial
Services Pty Ltd for any supply made under this Agreement may be reduced as a
direct consequence of the abolition of or reduction in any taxes or statutory
charges (as part of the imposition of a GST) paid or payable by VicWide
Financial Services Pty Ltd which directly relate to the supply.
The amount payable by you to VicWide Financial Services Pty Ltd shall be
reduced only to the extent of the reduction (if any) so determined by VicWide
Financial Services Pty Ltd. Annual Fee $539.00
Additional strategic advice
and administration may attract time charges at our specified hourly rates
However, brokerage for strategies and advice for new funds added to our service
will offset against any future additional time charges. Please
make cheque payable to “VicWide Financial Services Pty Ltd” We feel it is in
your best long term interest to take advantage of our “Annual Review
Service”. However, it is not compulsory. If you choose not to benefit from
this service, you understand and have been given a copy and terms of our
Occasional Strategic Advice and Administration Service. Any future contact will
be provided at our standard hourly rates. |