Which apps to use in the SOA Process?
Below is the list of the advice related Apps available in the Advice Marketplace.
Modelling Apps
App | Details | What’s included/excluded in the SOA? |
Archer | This is the DASH Goals Based Modelling tool
Cost: $200 per user per month
| Fully integrated with the SOA, information from strategies will flow into the SOA. Ensure the 'Archer' strategies are selected in the SOA Wizard. |
Super/Investment Product Comparison Apps
App | Details | What’s included/excluded in the SOA? |
Quest | This is the DASH portfolio comparison/construction tool.
Cost: Included in the Premium licence and accessible from within the contact.
| Quest does not include qualitative data. Product replacement justifications are not included.
We recommend creating a library of product justifications for commonly used products to save time when producing the SOA.
A separate Quest scenario is required for client and partner and other entities.
|
Chant West | Initial subscription requires account set-up by Chant West and access to app is not instant.
Costs vary depending on the modules that you choose: Super to Super Switching: $110.90 per month plus GST; Super, Pension, Investment Wrap and Super & Pension Switching tools: $139.09 per month plus GST. All fees are subject to annual indexation of 5%.
| Chant West includes qualitative data for product replacement justifications.
One scenario can be completed for client and partner. A separate scenario is required for other entities such as SMSF. |
Product Rex | Subscribe to the ProductRec app via the Store. Cost: $15 per user per month | ProductRex does not include qualitative data. Product replacement justifications are not included.
We recommend creating a library of product justifications for commonly used product to save time when producing the SOA.
A separate ProductRex scenario is required for client and partner and other entities.
|
Wealthsolver | XPlans investment and retirement comparison tool can be used in the DASH advice process.
Use the XPlan connector app to sync data to DASH.
| A scenario can be created in Wealthsolver and then selected within the SOA Wizard to include product recommendations, fees and comparisons. |
Insurance Research Apps
App | Details | What’s included/excluded in the SOA? |
Omnilife | Subscribe to the Insurance Comparison Tool via the Store.
Cost - $139 plus GST per user per month | Selecting an existing policy in Omnilife is limited to only active ‘on sale’ policies only. If the existing policy does not appear in the current list, this means the Features Lost and Gained data will not be included.
We recommend creating a library of text within the Settings area to save time editing the SOA.
A separate scenario is required per client and partner.
|
DEXX&R
| Subscribe to the Insurance Comparison Tool via the Store.
| Research/Product Replacement text can be included if the Benchmark Report is chosen.
Like for Like information can be drawn from the DEXX&R Comparitor tool.
Income Protection recommendations will require its own scenario
A separate scenario is required per client and partner.
|
Risk Researcher
| XPlans insurance research and quoting tool can be used in the DASH advice process.
Use the XPlan connector app to sync data to DASH.
| A scenario can be created in Risk Research and then selected within the SOA Wizard, product comparisons, commission/Fees will draw directly into the SOA template from RR. |