sept2016techSAP

1.

1 point

If an adviser would like to set a minimum number of units to be retained on a managed fund when rebalancing a template, which preference should they use?

Exclude

Minimum unit hold

Lock

Include

2.

1 point

What level are Volume bonus Commission Statements available? (Please select the MOST relevant answer)

Volume bonus statements are available at dealer and office level

Volume bonus statements are available at adviser and dealer level

Volume bonus statements are available at dealer, office and adviser level

Volume bonus statements are available at adviser and office level

3.

1 point

For account 0514606-ME-01 what is the original date the client joined the employer? (please select the most correct answer)

17-02-1999

17-02-2000

17-03-1999

17-03-2000

4.

1 point

What are the requirements for a client to remove an external margin lender from a non-ewrap account (assuming no shares are held)? (please select ALL relevant answers)

Application form for new investment account to be held under external margin lender’s name

Identification forms

Loan Discharge confirmation with signature from lender

Nominated bank account form

Off market transfer form

Application form for new investment account to be held under client’s name

An Australian Standard Transfer form

5.

1 point

For employers with Choice members only when will EOL be decommissioned (please select the Most relevant answer)

9 September 2016

6 November 2016

15 August 2016

19 September 2016

6.

1 point

Asgard recently performed a mail out regarding unclaimed monies in a closed account to which of the following client(s)?

Clients with closed Element, Master Trust or eWRAP (infinity) investment account for more than 6 years holding a balance of more than $2000 in residual value

Clients with closed Element, Master Trust or eWRAP (infinity) investment account for more than 6 years holding a balance of less than $2000 in residual value

Clients with closed Element, Master Trust or eWRAP (infinity) investment account for more than 6 years holding a balance of less than $100 in residual value

All clients with closed accounts for more than 6 years holding a balance of less than $100 in residual value

Clients with closed Element, Master Trust or eWRAP (infinity) super/pension account for more than 6 years holding a balance of more than $2000 in residual value

Clients with closed Element, Master Trust or eWRAP (infinity) super/pension account for more than 6 years holding a balance of less than $100 in residual value

7.

1 point

Who is eligible to use our QuickSuper employer portal? (please select ALL relevant answers)

Employers registered with BT, Asgard, PortfolioCare (or other IBS badges)

Employers registered with BT with 2 or more default employees

All employers registered with Asgard

All employers registered with BT

Employers registered with Asgard with 2 or more default employees

8.

1 point

What are the required documents for a client to refinance an integrated Margin Loan? (please choose ALL relevant answers)

Off-Market Transfer form

A Loan Summary Statement from their current margin lender.

Their current Holder Identification Numbers(s) (HIN(s)), if they have shares, as it appears on their CHESS statement.

In-specie transfer forms, if they have managed funds to be transferred. Note: Ensure that they are available through eWRAP Investment.

9.

1 point

Why must the dealer complete the Application for Auto Downloads? (Please select the MOST correct answer)

Because only your dealer can execute a Confidentiality and Conditions of Service agreement for the third party software provider.

Because of AML restrictions

Data download fees are charged directly to the Dealer Group

Because auto-data downloads are only available at a dealer level

10.

1 point

When rebalancing a template, which of the below would be initiated first? (please select the MOST relevant answer)

Share sell orders

Share buy orders

Managed investment sell instructions

Managed investment buy instructions