Short-Form COVID-19 Super Access ROA Templates

28 April 2020

FINANCIAL ADVISERS – Super access ROA Template

This Template includes the information that you must include in your Record of Advice by law (under the Corporations Act as modified by ASIC Corporations (COVID-19—Advice-related Relief) Instrument 2020/355).

You can tailor the layout of the Template by inserting your own practice branding and making other formatting changes if you wish.

You must tailor the template to the client’/s’ specific needs and circumstances.

Please note that this Template has been designed to be given to a client who:

  • is a citizen or permanent resident of Australia or New Zealand; and
  • has had their employment impacted by COVID-19.

You will need to make adjustments to the Template if you are advising a client impacted by COVID-19 whose situation is different (for example, a client who is unemployed, a sole trader and/or a temporary resident).

More information and instructions are contained on the Template.

Click here to download the Template.

 

REGISTERED TAX AGENTS – Super access terms of engagement ROA Template

This Template includes the information that you must include in the record of advice that ASIC Corporations (COVID-19—Advice-related Relief) Instrument 2020/355 requires you to give to clients.

You can tailor the layout of the Template by inserting your own practice branding and making other formatting changes if you wish.

Please note that this Template has been designed to be given to a client who:

  • is a citizen or permanent resident of Australia or New Zealand; and
  • has had their employment impacted by COVID-19.

You will need to make adjustments to the Template if you are advising a client impacted by COVID-19 whose situation is different (for example, a client who is unemployed, a sole trader and/or a temporary resident).

More information and instructions are contained on the Template.

Click here to download the Template.

 

 

Disclaimer

This Template has been prepared for use by members of CA ANZ, CPA Australia and the IPA in public practice in Australia and members of the FPA and the SMSFA. It is not intended for use by any person who is not a member of CA ANZ, CPA Australia, the IPA, the FPA or the SMSFA and/or does not have appropriate expertise in the Template’s subject matter.

Before using this Template, you should read it in full, consider its effect and determine whether it is appropriate for your client’s needs. This Template was created in April 2020. Laws, practices and regulations may have changed since that time. You should make your own inquiries as to the currency of relevant laws, practices and regulations.

You will need to independently determine whether you are providing advice to each client in circumstances that satisfy all requirements of the AFSL exemption contained in  ASIC Corporations (COVID-19—Advice-related Relief) Instrument 2020/355.

No warranty is given as to the correctness of the information contained in this Template, or of its suitability for use by you. To the fullest extent permitted by law, CA ANZ, CPA Australia, the IPA, the FPA and the SMSFA are not liable for any statement or opinion, or for any error or omission contained in this Template and disclaim all warranties with regard to the content, including, without limitation, all implied warranties of merchantability and fitness for a particular purpose. CA ANZ, CPA Australia, the IPA, the FPA and the SMSFA are not liable for any direct, indirect, special or consequential losses or damages of any kind, or loss of profit, loss or corruption of data, business interruption or indirect costs, arising out of or in connection with the use of this Template or the information contained in it, whether such loss or damage arises in contract, negligence, tort, under statute, or otherwise.

© 2020 CA ANZ ABN 50 084 642 571, CPA Australia ABN 64 008 392 452, the IPA ABN 81 004 130 643, the FPA ABN 62 054 174 453 and the SMSFA ABN 67 103 739 617 (collectively, the professional bodies) developed this Template in collaboration and are joint owners of the copyright in this Template, published in Australia in April 2020. All rights reserved. This document is protected by copyright. You are granted permission to use this Template to provide advice about early access to superannuation pursuant to ASIC Corporations (COVID-19—Advice-related Relief) Instrument 2020/355. Subject to this, you are free to reproduce, amend, adapt, publish, and communicate it in any manner you may choose. If you choose to use it without amendment or adaptation, the ownership of copyright by the professional bodies must be attributed at all times. If you do amend or adapt it, please remove any attribution to the professional bodies. This Template is provided to the members of the professional bodies for their use and benefit. The content of this Template does not constitute legal, financial or commercial advice, or a recommendation of any financial services or financial products. You should consider obtaining independent advice before making any investment, financial or legal decision.