Financial Planner Payment – FPA Professional Practices

Financial Planner Payment
– FPA Professional Practices
Member information
Cbus and the Financial Planning Association
of Australia (FPA) working together
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In recognition of the need for
a wider service solution for
members nationwide, Cbus has
partnered with the FPA (the peak
body for financial planners in
Australia) to provide members
with direct access to FPA
Professional Practice - Certified
Financial Planners (CFP®) for
personal financial advice services.
FPA Professional Practices (the Practices) are recognised as leaders
in financial planning professionalism through alignment with the
FPA. The Practices are committed to furthering the interest of the
profession and acting in the best interest of consumers. The Practices
meet strict qualification and service criteria as set by Cbus and the
FPA to ensure that high professional standards are maintained.
Referral Process
If you provide your consent Cbus can refer you to an appropriate
CFP in your local area to give personal advice on all of your financial
and super matters according to your needs, objectives and
circumstances.
Note - Cbus is not the provider of any personal advice to you. If
you have any enquiries in relation to personal advice that has been
provided you should contact your referred financial planner in
the first instance. The Financial Service Guide and Statement of
Advice provided to you by the financial planner will contain details of
their complaints handling process.
Advice services
Financial planners can help with:
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assessing your financial situation
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planning for retirement including Centrelink and DVA pensions
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transition to retirement strategies
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contribution advice and strategies including salary sacrifice,
personal contributions, spouse contributions
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understanding your investment options including non-super
assets such as shares, property etc and comparison of other
super funds
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developing and achieving financial goals
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identifying your insurance needs
nominating beneficiaries
managing your tax liability
developing a personal risk profile, assessing your tolerance to risk
and how comfortable are you with markets going up and down
explaining the current economic climate and what it means for you.
Payment for advice
You can choose to pay your financial planner directly or if the advice
relates to your interest in Cbus, you can authorise the Financial
Planner Payment to be deducted from your nominated Cbus account.
Cbus’ financial planning referral service includes:
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Initial consultation at no charge to determine your goals,
circumstances and objectives
Pay fee-for-service only, with no commissions or other
hidden costs
Experienced financial planners located across Australia to help
you achieve your goals.
How much do you pay for financial advice?
The fee you pay will depend on the complexity of advice required by you.
You will receive a written quote from the referred financial planner
which will require your signed authorisation to proceed with the
provision and payment of advice.
To authorise the deduction of Financial Planner Payments from your
nominated Cbus account you must:
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have a minimum of $10,000 in your Cbus Super or Super Income
Stream account; and
The following fee limits apply:
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a maximum of two Financial Planner Payments per financial year.
a maximum total of $7,000 for the provision of financial advice
per financial year.
These limits include combined transactions from your Cbus Super
and/or Super Income Stream account/s.
If you do not have sufficient funds in your account or you exceed the fee
limits you will need to make payment directly to the financial planner.
How to authorise payment
Complete the attached Financial Planner Payment form, and your fee
for personal financial advice may be deducted from your Cbus Super
or Super Income Stream account.
The Financial Planner Payment will be shown on your annual
statement. Cbus recommends that you retain the Financial Planner
Payment details for record-keeping purposes.
Cbus’ Trustee: United Super Pty Ltd ABN 46 006 261 623 AFSL 233792 Cbus ABN 75 493 363 262
Financial Planner Payment form
Complete this form to authorise a payment for personal financial advice to be deducted from your nominated Cbus
account. A Financial Planner Payment is only payable for personal financial advice provided in relation to your Cbus Super
or Cbus Super Income Stream account by a CFP® who is part of the FPA Professional Practice Referral Program.
Please use black or blue pen and CAPITAL letters. Use an X in boxes where required.
Step 1: Personal details
Cbus member number We need this to process your Financial Planner Payment. See your annual statement or membership card.
Title
Date of birth
D D / M M / Y Y
X Mr X Mrs X Miss X Ms X Other
Gender
Y
Y X Male X Female
First name/s
Family name
Telephone (home)
) (
Residential address
Telephone (work)
(
Telephone (mobile)
) Suburb/town
StatePostcode
Email address
Step 2: Member authorisation of Financial Planner Payment – Member to complete and sign
In order to qualify for Financial Planner Payments
to be deducted from your nominated account
you must have a minimum of $10,000 in your
Cbus Super or Cbus Super Income Stream
account. If you don’t have sufficient funds in
your account, you will need to pay your financial
planner directly yourself.
Payment authorisation
A payment may only be deducted for personal financial advice relating to my Cbus Super or Cbus
Super Income Stream account.
I authorise the deduction of
$
X Cbus Super account, or
from my
X Cbus Super Income Stream account.
The following fee limits apply:
a maximum of two Financial Planner Payments
¡¡
per financial year
a maximum total of $7,000 for the provision of
¡¡
financial advice per financial year.
I confirm that the amount to be deducted from my account and paid to my financial planner relates
to my Cbus account/s.
These limits include combined transactions
from your Cbus Super and/or Cbus Super
Income Stream account/s.
Date
Sign here:
D
D / M
M / 2
0
Y
Y
To be completed by the FPA Professional Practice – Certified Financial Planner (CFP®) only
Certified Financial Planner (cfp®) details
FPA Professional Practice name
AFSL number
CFP® declaration
I understand the:
1. Fee for personal financial advice may be deducted from the Cbus
member nominated account relating to the member’s interest in Cbus.
2. The information provided on this form by me is true and correct.
Registered business address
3. Payment is subject to approval by Cbus.
4. I have attached a copy of the invoice provided to the Cbus member.
Sign here:
Email address
Certified Financial Planner® name
Phone number
CFP® stamp (if applicable)
Date
D
D / M
M / 2
0
Y
Y
1. A Financial Planner Payment is only payable to a FPA Professional
Practice registered and approved by Cbus.
2. Cbus, the FPA Professional Practice and the CFP® agree that
payment will be made for personal financial advice provided.
Post or email the completed and signed form to the contact details below. These contact details are for your use only and not for distribution to members.
Cbus Financial Planning Support
Locked Bag 14
Carlton South VIC 3053
1300 305 676
Monday – Friday 8.30am – 5.30pm (EST)
Cbus’ Trustee: United Super Pty Ltd. ABN 46 006 261 623 AFSL 233792 Cbus ABN 75 493 363 262
[email protected]
www.cbussuper.com.au/fpa
4578 08/14

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