AE Group Podcast - CEO Update #68, 20 June 2025

In this episode, David covers a range of important updates and reminders for all advisors and team members, including:Contribution cap checks – A timely reminder as we approach EOFY: to carefully monitor client contribution caps to avoid breaches and potential regulatory issues.Cowell Clarke portal for reporting (soon to be implemented) –introduction to the use of the portal for reporting complaints and self-reporting breaches to support streamlined compliance processesOngoing fee arrangement templates – Advisors to review and begin implementing the new templates to ensure compliance with current requirements.FSG to WDI transition – templates are being finalised and will roll out soon. Advisors are encouraged to consider moving from FSG to WDI, with support available to assist practices in updating their templates.Intranet document accuracy - get in touch with Iah ([email protected]) if you come across any incorrect documents on the intranet so they can be addressed promptly.Payrix rollout – Brooke continues to oversee the rollout of Payrix, which will replace Payway and Revex to improve payment processing and tracking.Fintegrity Worksorted – Fintegrity advisors to prepare for the rollout of the Fintegrity Worksorted solution to enhance practice management.Advice Evolution pay cycle options – Advice Evolution advisors who wish to switch to fortnightly to notify managementAI file notes – Advisors are asked to explore AI file note options to improve meeting documentation, accuracy, and compliance.Education requirements – A reminder for advisors who are still working towards education requirements to ensure completion before the 2026 deadline.PD Day attendance – Advisors are reminded to attend the PD Day on 16 July in Sydney at the Betashares office for professional development and networking.Use of SMAs – Advisors to review their use of SMAs to avoid unnecessary complexity and ensure ethical, efficient portfolio management.Model office process – Brooke and David will develop and share a model office process designed to support single-advisor practices.Technology and cybersecurity – Advisors are encouraged to review their technology stack and upgrade cybersecurity measures where appropriate.Secure document distribution – Advisors are reminded to transition away from using email for sending sensitive client documents, to enhance data security.Board appointment – Mort Wagner has been welcomed to the board and will focus on technology and investment decisions.