Our Product – moneyGPS

4 Steps to simple, compliant, digital advice

Digital advice is accessible and affordable strategic advice that is digitally-delivered, either as a fully client led or hybrid experience.

See how moneyGPS works

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The Digital Advice Journey

Clients start with a free, detailed factual report on their financial health and position. The Money Check-Up is for clients under 45 yrs and the Retirement Check-Up is for clients up to 46-59 yrs. They can be self-led, done by, or with an adviser. Accessible on any device, the reports have a 79% completion rate.

WHAT’S INCLUDED?

Financial goals identified
Investment & Risk Profile confirmed
Review of Insurance, Investment & Superannuation
Comparisons of financial position
Retirement income assessment (RCU only)
Checklist of financial gaps & actions to resolve them
Access to relevant advice SoAs.

Advice rules are incorporated into the moneyGPS algorithm and advice engine to identify the right single-topic advice plans through the Money Check-Up and Retirement Check-Up reports that are in the best interest of the user to access.

Data is collected and organised through the digital fact finds.
Our powerful algorithm calculation engine processes the data through complex formulas.
The advice engine consumes the information fed into it and uses logic-driven scenarios to determine strategy and product recommendations that meet the client’s best interests.

An Australian first, our technology has access to all Super Funds and their data via Lonsec/Super Ratings API, with integrations to Open Banking, Xplan and Xero following soon.

The moneyGPS AFSL adheres to the regulatory and legislative requirements to deliver personal advice and issues advice using its proprietary technology instead of in-house financial planners.

If client’s choose to purchase any of the recommended SoAs, they’ll be asked a few additional questions before the advice is delivered instantaneously. Human support is always available via our GPS Coach or the clients’ adviser.

Digitally-enabled single-topic SoAs range from $90-180 per topic
Compliant personal advice including product recommendation
Super, Investment, Insurance & Retirement topics
Easy-to-understand advice plans & recommendations
10-14 pages in length
Generated in seconds
Digital implementation available for some topics.

Depending on the outcome of the Money Check-Up or Retirement Check-Up, client’s are offered a range of subsidised services, to help them achieve their financial goals.

These include:

Insurance
Lending & Finance
Online Wills
Bespoke Estate Planning
Aged Care Advice
Property Investment Services
Home-equity Release
Financial wellness program for everyday needs.

Comprehensive advice needs are triaged out to a financial adviser. This is either our default provider or your in-house service.

Customisation of some services is available depending on your subscription plan.

STEP 1

Money Check-up & Retirement Check-up Reports: Digital Fact Finds

Clients start their with a free, detailed factual report on their financial health and position. The Money Check-Up is for clients under 45 yrs and the Retirement Check-Up is for clients up to 46-59 yrs. They can be self-led, done by, or with an adviser. Accessible on any device, the reports have a 79% completion rate.

What's Included?

Financial Goals identified
Investment & Risk Profile confirmed
Review of Insurance, Investment & Superannuation
Comparisons of financial position
Retirement income assessment (RCU only)
Checklist of financial gaps & actions to resolve them
Access to relevant advice SoAs

STEP 2

Advanced IP creates best interest recommendations

Data is collected and organised through the digital fact finds.
Our powerful algorithm calculation engine processes the data through complex formulas.
The advice engine consumes the information fed into it and uses logic-driven scenarios to determine strategy and product recommendations that meet the client’s best interests.

An Australian first, our technology has access to all Super Funds and their data via Lonsec/Super Ratings API, with integrations to Open Banking, Xplan and Xero following soon.

The moneyGPS AFSL adheres to the regulatory and legislative requirements to deliver personal advice and issues advice using its proprietary technology instead of in-house financial planners.

STEP 3

Compliant, affordable, single-topic advice SoAs generated in 20 seconds

Digitally-enabled single-topic SoAs range from $90-180 per topic
Compliant personal advice including product recommendations
Super, investment, & retirement topics
Easy-to-understand
10-14 pages in length
Generated in seconds
Digital implementation available for some topics

STEP 4

Access to other financial and non-financial services

Depending on the outcome of the Money Check-Up or Retirement Check-Up, client’s are offered a range of subsidised services, to help them achieve their financial goals.