26 March 2020 News
If you happen to venture out every now and then, you’ll notice the silence. You may also notice that you’re not navigating people (or car) traffic and you don’t feel as rushed. Time no longer feels short (in some aspects) and your day job has become “the other kind of housework”. I’ve heard it said many times, this is a “once in a generation”. For many of us it will be. For those new to our world, perhaps not. What we learn, how we adapt and what we value from this experience as a nation, a global citizen and an individual is yet to be determined. One thing that is certain, we will have a new frame of reference for the future. In our imposed self-isolation, many good things have happened. We are finding new and creative ways to connect; we are communicating more often and we are getting to spend time with people who matter most in our lives. We are also seeing problems being solved creatively (check out https://houseparty.com/ ), we’re prioritising better and we’re creating space for ourselves because we have to! In amongst all of this, human spirit and connection will be what gets us through. Those of us who fear robots taking over jobs and running the world, take a moment to reflect on how much you want or need human interaction right now. There is a philosophical concept known as Aristotle’s eudaimonia, it’s broad definition reflects a“pursuit of virtue, excellence, and the best within us” (Huta & Waterman, 2014: 1426) to achieve happiness and wellbeing. In practical terms, it’s focussing on how we live our lives. Right now, in this ‘crisis’, we have the opportunity to choose how we live and how we want to be remembered. Everyday, you are in our thoughts and we are committed to supporting you. Everyday you inspire us with your generosity of spirit, your courage to take on the challenges before you and your ability to adapt. When we get out the other side; and we will, let’s ensure the celebration is one that befits a new, stronger and successful Madison community.
Sincerely,
Annick
Madison Sale Update
We don’t have anything new to report regarding the sale process. Tomorrow is an important day, because we will know who is serious about continuing with the acquisition of Madison. Once we receive notification of the bidders, we’ll be working with Bob to determine the most suitable candidates to shortlist.
Virtual Drinks on Friday
As suggested by Sean McGrath we will be hosting a virtual Friday Afternoon drinks tomorrow at 4pm. We’d love you to stop by and say cheers with your drink of choice. CLICK HERE to register.
Spotify Playlist
We have been building a Self-Isolation playlist in the Madisonfg Spotify Account. Let us know your top 3 favourite songs and CLICK HERE to collaborate
Zoom tips for Client meetings
CLICK HERE for some tips on using Zoom to conduct your client meetings.
Adviser Guide to Surviving in a Pandemic
CLICK HERE to read through our guide to getting through the COVID-19
Working from home tips
CLICK HERE to read a list of things you can do to create a successful remote working environment for yourself and your team.
Government Economic Response to COVID-19 – 22 March
CLICK HERE for an overview of the Governments Economic response to COVID-19 released on
New Advice Documents on the Portal
CLICK HERE to find out more about the new Advice Documents on the Portal
Kaplan Survey
Kaplan’s Academic Dean James Adonopoulos is embarking on a comprehensive research project on the state of the financial planning industry. It encompasses the impacts and pressures on the industry arising from FASEA, and associated changes in the market.
Kaplan will be using this data to also take to government to show the total impacts to our industry through all this change and how it affects them personally and professionally.
Please CLICK HERE to participate in the survey
Madison PD Roadshow
Thank you for joining us at the Madison PD Roadshow. Please CLICK HERE and tell us what you thought. Please click on the below links for a copy of the presentation.
If it isn’t in your File, it didn’t happen
Your CPD Plan – it’s all about you
Your 2020/21 CPD Training Plan
Please CLICK HERE to read an update about your 20/21 CPD training plan.
FASEA Exam
Congratulations to all our Advisers who have passed the FASEA Exam. Please remember to email your Statement of Results through to adviserservices@madisonfg.com.au so we can update your records.
News and Events from our Industry
Zurich/OnePath are running a series of webinars on running a virtual office specific to the needs of Advisers. Each Q&A style session, co-hosted with virtual office veteran Peita Diamantidis, will cover a different virtual office challenge each week. Starting at 12pm these sessions will run every Tuesday at midday for the next two weeks. CLICK HERE to register.
MLC have produced information regarding the protocols required to support the Government’s early access to superannuation initiative. CLICK HERE to read. Thank you to John Francis, Halcyon Wealth Advisers for sourcing this information.
Our Partners are also preparing operational updates on their support for you, your business and clients. Click on the below links to read through what we have received so far;
AIA
Netwealth
Nikko Asset Management
MLC Asset Management is modernising its Retail Product Program. Click below for more information.
Stage 1
Stage 2
MLC Life Insurance are updating their technology systems, this will have an impact on how you work with the provider CLICK HERE for more information and HERE to access their resources to assist your practice through this change.
Revenue Services
The next revenue payrun will be processed on 1 April 2020.
OPEX has written handy guides for Madison users, available through Zen desk and the below links.
CommPay Reporting
Lodging and receipting an invoice.
Invoice Tracking Template
Xplan Navigation
Power BI webinar recording
Setting up referral arrangements in CommPay
CommPay and revenue queries – ATTN: Brokerage
support@opexconsulting.com.au
Discount Codes
FPA – When enrolling in any CFP unit let them know Madison is your licensee for a 10% discount.
Kaplan – PC-RID159
The promotional code for postgraduate study to meet FASEA requirements has been updated to MADFIMFP20. Make sure you enter this code to get the new pricing of $1,600 per subject.
Helpful Information
26 March 2020 News
If you happen to venture out every now and then, you’ll notice the silence. You may also notice that you’re not navigating people (or car) traffic and you don’t feel as rushed. Time no longer feels short (in some aspects) and your day job has become “the other kind of housework”. I’ve heard it said many times, this is a “once in a generation”. For many of us it will be. For those new to our world, perhaps not. What we learn, how we adapt and what we value from this experience as a nation, a global citizen and an individual is yet to be determined. One thing that is certain, we will have a new frame of reference for the future. In our imposed self-isolation, many good things have happened. We are finding new and creative ways to connect; we are communicating more often and we are getting to spend time with people who matter most in our lives. We are also seeing problems being solved creatively (check out https://houseparty.com/ ), we’re prioritising better and we’re creating space for ourselves because we have to! In amongst all of this, human spirit and connection will be what gets us through. Those of us who fear robots taking over jobs and running the world, take a moment to reflect on how much you want or need human interaction right now. There is a philosophical concept known as Aristotle’s eudaimonia, it’s broad definition reflects a“pursuit of virtue, excellence, and the best within us” (Huta & Waterman, 2014: 1426) to achieve happiness and wellbeing. In practical terms, it’s focussing on how we live our lives. Right now, in this ‘crisis’, we have the opportunity to choose how we live and how we want to be remembered. Everyday, you are in our thoughts and we are committed to supporting you. Everyday you inspire us with your generosity of spirit, your courage to take on the challenges before you and your ability to adapt. When we get out the other side; and we will, let’s ensure the celebration is one that befits a new, stronger and successful Madison community.
Sincerely,
Annick
Madison Sale Update
We don’t have anything new to report regarding the sale process. Tomorrow is an important day, because we will know who is serious about continuing with the acquisition of Madison. Once we receive notification of the bidders, we’ll be working with Bob to determine the most suitable candidates to shortlist.
Virtual Drinks on Friday
As suggested by Sean McGrath we will be hosting a virtual Friday Afternoon drinks tomorrow at 4pm. We’d love you to stop by and say cheers with your drink of choice. CLICK HERE to register.
Spotify Playlist
We have been building a Self-Isolation playlist in the Madisonfg Spotify Account. Let us know your top 3 favourite songs and CLICK HERE to collaborate
Zoom tips for Client meetings
CLICK HERE for some tips on using Zoom to conduct your client meetings.
Adviser Guide to Surviving in a Pandemic
CLICK HERE to read through our guide to getting through the COVID-19
Working from home tips
CLICK HERE to read a list of things you can do to create a successful remote working environment for yourself and your team.
Government Economic Response to COVID-19 – 22 March
CLICK HERE for an overview of the Governments Economic response to COVID-19 released on
New Advice Documents on the Portal
CLICK HERE to find out more about the new Advice Documents on the Portal
Kaplan Survey
Kaplan’s Academic Dean James Adonopoulos is embarking on a comprehensive research project on the state of the financial planning industry. It encompasses the impacts and pressures on the industry arising from FASEA, and associated changes in the market.
Kaplan will be using this data to also take to government to show the total impacts to our industry through all this change and how it affects them personally and professionally.
Please CLICK HERE to participate in the survey
Madison PD Roadshow
Thank you for joining us at the Madison PD Roadshow. Please CLICK HERE and tell us what you thought. Please click on the below links for a copy of the presentation.
If it isn’t in your File, it didn’t happen
Your CPD Plan – it’s all about you
Your 2020/21 CPD Training Plan
Please CLICK HERE to read an update about your 20/21 CPD training plan.
FASEA Exam
Congratulations to all our Advisers who have passed the FASEA Exam. Please remember to email your Statement of Results through to adviserservices@madisonfg.com.au so we can update your records.
News and Events from our Industry
Zurich/OnePath are running a series of webinars on running a virtual office specific to the needs of Advisers. Each Q&A style session, co-hosted with virtual office veteran Peita Diamantidis, will cover a different virtual office challenge each week. Starting at 12pm these sessions will run every Tuesday at midday for the next two weeks. CLICK HERE to register.
MLC have produced information regarding the protocols required to support the Government’s early access to superannuation initiative. CLICK HERE to read. Thank you to John Francis, Halcyon Wealth Advisers for sourcing this information.
Our Partners are also preparing operational updates on their support for you, your business and clients. Click on the below links to read through what we have received so far;
AIA
Netwealth
Nikko Asset Management
MLC Asset Management is modernising its Retail Product Program. Click below for more information.
Stage 1
Stage 2
MLC Life Insurance are updating their technology systems, this will have an impact on how you work with the provider CLICK HERE for more information and HERE to access their resources to assist your practice through this change.
Revenue Services
The next revenue payrun will be processed on 1 April 2020.
OPEX has written handy guides for Madison users, available through Zen desk and the below links.
CommPay Reporting
Lodging and receipting an invoice.
Invoice Tracking Template
Xplan Navigation
Power BI webinar recording
Setting up referral arrangements in CommPay
CommPay and revenue queries – ATTN: Brokerage
support@opexconsulting.com.au
Discount Codes
FPA – When enrolling in any CFP unit let them know Madison is your licensee for a 10% discount.
Kaplan – PC-RID159
The promotional code for postgraduate study to meet FASEA requirements has been updated to MADFIMFP20. Make sure you enter this code to get the new pricing of $1,600 per subject.
Helpful Information