New OnePath Adviser Service Fee report available

New OnePath Adviser Service Fee report available

As part of our commitment to improving our platform functionality and supporting business efficiencies, we’ve developed a new Adviser Service Fee (ASF) report. Available 5 September 2022 the new ASF report is designed to help provide visibility of all your client ASF arrangements and renewal dates to comply with the 1 July 2021 fee consent requirements.

 

How does the new ASF report support fee consent requirements?

To support compliance with 1 July 2021 fee consent requirements, the new ASF report provides an excel listing of your clients with any Ongoing and/or Fixed-Term Arrangement ASFs and the details of these arrangements.
One-off ASFs are excluded from this new report.

 

How do I access the new ASF report?

  • Log into Adviser Online and then go to Account Access.
  • Select ‘Reports’ and in the drop-down menu select ‘Adviser reports’.
  • The report is at the bottom of the list. Select the ‘Adviser Service Fee report’.

Simply follow three easy steps to run an ASF report. Click here for frequently asked questions.

 

Will the ASF report display clients that have more than one type of ASF applied?

Yes, if your client has more than one type of ASF applied to their policy. Click here for frequently asked questions.

 

Which products are captured in the new report?

The report will display Ongoing and Fixed-Term Arrangement ASFs for the OneAnswer suite of products (including ANZ branded products), the OptiMix suite of products and certain soft closed products. Find out more in the frequently asked questions.

 

Any questions?

If you have any questions or would like further information, please: