Record of Advice definition

Record of Advice means the electronic record on ECMS detailing all actions and advice provided by you in relation to a Case;
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Record of Advice means a document of mutual understanding that relates to the relevant and material content of the Advice or Intermediary Service that is/was provided to the Client.
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Examples of Record of Advice in a sentence

  • Once your loan and/or insurance has been arranged, we will provide you with a Record of Advice (RoA) document, describing our recommendations that will be based on your personal situation, financial needs, and objectives.

  • Therefore you must regard all advice including all previous Statements of Advice as being included in this Record of Advice except to the extent that later advice supersedes previous advice.

  • In terms of the FAIS Act, Financial Services Providers are required to maintain a detailed Record of Advice.

  • If you utilise our services, you may receive a Statement of Advice (‘SOA’), a Record of Advice (‘ROA’), a Product Disclosure Statement (‘PDS’), a Prospectus or an IDPS Guide.

  • The Trustee reserves the right to request a Statement of Advice or Record of Advice relating to any past or proposed advice fee deduction and to withhold any Adviser Service Fees (or seek refund of a fee already paid) to the extent it forms the reasonable view that the Statement of Advice or Record of Advice does not relate to a matter that would allow the Trustee to action the deduction of Adviser Service Fees under the relevant law.

  • The Record of Advice should be reviewed by the Supervisor, in order to ensure the following:  The relevant needs are recorded in writing and conform to the customer’s needs.

  • A Record of Advice (“ROA”) may be used to record our “further advice” to you where we have provided you with subsequent advice.

  • If you would like us to provide you with an investment recommendation, we require at least 7 working days’ notice to prepare a Statement of Advice or a Record of Advice as required by law.

Related to Record of Advice

  • DRS Advice means a Direct Registration System (DRS) advice;

  • Allotment Advice means a note or advice or intimation of Allotment sent to the successful Bidders who have been or are to be Allotted the Equity Shares after the Basis of Allotment has been approved by the Designated Stock Exchange;

  • Statement of Additional Information means, respectively, the form of prospectus and statement of additional information with respect to the Fund filed by the Investment Company as part of the Registration Statement, or as they may be amended or supplemented from time to time.

  • Expert advice or assistance means advice or assistance derived from scientific, technical, or other specialized knowledge.

  • Investigating Committee means any Officer/Committee appointed by Competent Authority to conduct investigation.