A record of advice (ROA) can be used in place of an SOA where the total investments to which the advice relates is:
A) less than $5 000.
B) less than $15 000.
C) between $10 000 and $32 500 when expressly agreed to by the client.
D) none of the above.
Correct Answer:
Verified
Q6: The balance sheet, income statement and cash
Q7: In relation to which document supplied by
Q8: Consistent with RG 168, when documenting the
Q9: Acting in the best interests of the
Q10: Problems or conflicts that may arise between
Q12: The legislation that specifically sets out how
Q13: Examples of assumptions that are often required
Q14: When implementing agreed-upon recommendations in the SOA,
Q15: Prior to engaging the services of a
Q16: The financial planner has a part to
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