Both I and the team have spoken with many of you today regarding the articles published which reference Sargon. These articles incorrectly stated that Sargon had appointed McGrath Nicol as an administrator. Whilst the appointment has been made, it was by one of Sargon’s creditors, Taiping Trustees. At this stage, McGrath Nicol are conducting an information gathering exercise, with Sargon’s co-operation.

Madison is not involved in the appointment; for us, we continue to operate as usual.

Sargon are providing updates to us as further information becomes available, which we will share with you.

I know that the articles will raise questions for you. As always, please reach out to me, or any member of the team, to discuss.

Sincerely,

Annick

Save the Date

Please save the dates in your calendar for our Masterclass & PD Day Roadshow in 2020. Registrations will be sent out in the coming weeks.

Melbourne – 24 & 25 February
Adelaide – 26 & 27 February
Sydney – 2 & 3 March
Brisbane – 5 & 6 March

 

Sargon Adviser Services Rebrand

Madison Financial Group will be re-branding to Sargon Adviser Services on 2 March 2020. We will provide information about what this means for you shortly.

 

Investment Services Updates

CLICK HERE for information on the collateral available to you from Morningstar.

Tax Practitioners Board Renewal

Many of you are in the process of completing your Annual Declaration for the Tax Practitioners Board. During this process, you will be asked to provide evidence of our PI Certificate of Currency. This is located in the Adviser Portal under Compliance and Policies. Please contact adviserservices@madisonfg.com.au if you have any questions.

ASIC – Updating your Details

CLICK HERE to read more about keeping your details with ASIC up to date.

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.
CLICK HERE for the 2020 FASEA Exam and enrolment schedule and registration link.

 

ASIC Levy 2018-19

ASIC has indicated that the cost of the annual adviser levy will rise due to higher costs and the Royal Commission. We will let you know what this means for you once more information is available.

 

Bushfire Roundtable with Josh Frydenberg

CLICK HERE to read an update from the AFA on the Bushfire round table with the Treasurer Josh Frydenberg.

 

Premium Waiver for Bushfire Victims

Several Life Insurance companies are offering premium waivers and assistance packages for clients impacted by the bushfires. Touch base with your BDM to find out more information.

News and Events from our Industry
CLICK HERE for the FPA Future of the SoA interactive guide. See if you can spot a familiar face!
CLICK HERE for details of the Magellan Asset Management Adviser & Client Briefings 2020

CLICK HERE to register your interest for the BT Back to Business event

Revenue Services
The next revenue payrun will be processed on 3 February 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
Kaplan – PC-RID159
FPA – When enrolling in any CFP unit note you are with Madison for a 10% discount.

Helpful Information

APL Approval Process
Madison contact list
FASEA Website