Find the financial freedom you deserve! Let us help guide your success. Together, we can help you achieve financial freedom through sound advice, expert planning and ongoing support.
Leading the Way
Our partnership with Merit Planning East gives you access to Sydney’s top finance experts.
Together, we can help you:
- Invest wisely for today and the future
- Future proof your retirement
- Protect your wealth and lifestyle
- Make your super work harder for you
- Manage your business succession
We can create a bright future for you and your family, with a tailor-made, affordable plan from two of the best brains in the wealth-building business. Quality Accounting’s Principal, Fiona Jeff, and expert Financial Planner Darren Howard, Director of Merit Planning East, will listen, support and guide you every step of the way.
Free Financial Planning Evenings
All of our clients have access to our free financial planning evenings, held in conjunction with Merit Planning East. These fun and informative evenings feature guest speakers on a range of financial issues and help our clients stay ahead of the financial game. Our recent night, held on May 2 at the Cellar Lounge, featured Darren Howard from Merit Planning East discussing the upcoming election and what the major parties have in store for us. We also heard some great advice about Estate Planning from local lawyer Cassandra Banks, who has just taken over the helm of Susan Green Legal Practice.
Our Financial Planning nights are a great way to get free one on one time with expert financial consultants and accountants, while enjoying great food, drinks and company.
Darren Howard is Director of Merit Planning East and is one of Sydney’s top financial planners and self-managed superfund specialists. Darren has more than 30 years’ experience working in financial markets, and is an expert in SMSF technical and investment strategies. He assists SMSF members and trustees to extract the maximum benefits and efficiencies from their SMSF.
Darren holds a BA (Economics) from UNSW. Graduate Diplomas in both Applied Finance and Investments and Financial Planning from FINSIA. He is a fellow of FINSIA and an SMSF Specialist Advisor with the SMSF Association. For more information, visit www.meriteast.com.au
Financial Services Guide
About this Guide
This Financial Services Guide (“FSG") is designed to assist you in deciding whether to use our services and provides you with important information about:
∙ Who we are
∙ The financial services we provide
∙ How we and our associates are paid
∙ Any arrangements which may influence our advice to you
∙ How we protect your privacy
∙ Who you should contact if you have a complaint and the process to do this
Merit Wealth Pty Limited has approved this FSG Version LA1.3 – Issue Date: 28 November 2018.
Who is providing the Advice
The financial services offered in this FSG will be provided by the following Authorised Representatives of Merit Wealth Pty Limited (“Merit Wealth”).
Fiona Jeff: Authorised Representative Number 1246925
QA Taxation and Business Development Pty Ltd: Corporate Authorised Representative Number 1246926
ABN 29 119 143 163
Phone: 02 6658 1655
2a Minorca Place Toormina NSW 2452
PO Box 1000, Toormina NSW 2452
Merit Wealth, as the holder of an Australian Financial Services Licence is responsible for the advice services offered in the FSG.
Merit Wealth Pty Ltd
ABN 89 125 557 002
Australian Financial Services Number 409361
Phone: 1300 785 611
Fax: 02 8916 4261
Level 2, 115 Pitt Street, Sydney NSW 2000
Merit Wealth Pty Ltd, ABN 89 125 557 002, Australian Financial Services Licence No. 409361, is wholly owned by Hayes Knight Financial Services Pty Ltd, (“HKFS”). HKFS is a subsidiary of Easton Distribution Services Pty Ltd (ABN: 67 167 184 072), a wholly owned subsidiary of Easton Investments Limited (ABN: 48 111 695 357), an ASX listed company.
Information contained in this FSG may be updated from time to time without the need to notify you, provided the updated information is not materially adverse to you.
Our experience and qualifications
Fiona Jeff has been working in the accounting and financial services industry since 1993 in the following roles:
|Director – Providing advice on taxation, accounting and business planning||QA Taxation and Business Development Pty Ltd||2006 – current|
|Director – Providing advice on superannuation and self managed superannuation funds||QA Taxation and Business Development Pty Ltd||2006 – current|
|Senior Accountant||Denis Jeff & Co. Pty Ltd||1997 – 2006|
|Assistant Accountant to Partner||Geers & Pusey||1995-1997|
|Junior Tax Accountant||Denis Jeff & Co. Pty Ltd||1993-1995|
|SMSF Specialist Advisor||Self Managed Super Fund Association||2018|
|ASIC RG146 – Generic Knowledge, Skills, Superannuation and Self Managed Superannuation Funds||Pinnacle||2015|
|Diploma of Financial Planning||Pinnacle||2014|
|CPA Public Practice Certificate||CPA Australia||2005|
|Bachelor of Financial Administration||The University of New England||2002|
|Advanced Diploma in Accounting||TAFE NSW||1996|
SMSF Specialist Advisor
Member of CPA Australia
Registered Tax Agent
Authorised Representative Merit Wealth
Financial Services that we provide
What financial services am I authorised to advise you on?
We only advise you after considering your individual objectives, financial situation and needs.
We only provide you with financial advice limited to the following:
∙ Setting up or closing Self Managed Superannuation Funds (SMSF)
∙ Making contributions to superannuation or paying benefits from superannuation
∙ We can advise you to contribute to superannuation and to receive benefits from superannuation; however we cannot advise you on specific superannuation products or advise you to switch or replace a superannuation product.
We are not authorised by Merit Wealth to provide you with advice on any other matters, financial services or any other financial product.
Merit Wealth is not responsible for the following services provided by QA Taxation and Business Pty Ltd:
- Accounting and audit services
- Administration and compliance of Self-Managed Superannuation Funds
- Taxation services, such as completion of tax returns
- Borrowing/lending advice and services (includes within a SMSF)
Information you will receive
You will be provided with various documents that explain how our recommendations will work towards achieving your goals, the fee and potential conflicts that may exist that could influence the advice provided. These documents are designed to help you make informed decisions about our recommendations.
Statement of Advice
When we provide you with initial personal financial product advice you will receive a written Statement of Advice (SOA) that confirms the discussions you have had with us, the recommendations we are making and the basis for those recommendations. We retain these documents for seven years. You may request a copy of this advice or subsequent records of advice at any time.
Product Disclosure Statements
When a financial product is recommended to you, you will be provided with a Product Disclosure Statement (PDS) or other disclosure document issued by the product provider. These documents contain information about the risks, benefits, features and fees payable for the product.
How are we paid for our services
Fees for advice
We may charge you fees for the preparation, presentation and implementation of our advice. These fees will be based on your individual circumstances, the complexity involved in your situation and the time it takes to prepare personal financial advice for you.
We will discuss these fees with you and gain your agreement before we provide you with advice. These fees will also be documented in your Statement of Advice.
In most instances you will be able to select the method of payment. Our fees are either invoiced to you directly, or deducted from your investments or portfolio accounts at your direction, or a combination of both methods. We will discuss and agree the method of payment with you before we provide you with services.
All fees relating to the financial advice provided to you are payable to Merit Wealth and Merit Wealth then passes up to 100% of these fees onto us.
We may accept alternative forms of remuneration from product or service providers, such as hospitality or support connected with our professional development (e.g. training or sponsorship to attend conferences). We maintain a register detailing any benefit that we receive which is valued at more than $300. A copy of the register is available on request.
In the event that our advice results in you establishing an SMSF and you request that we assist you with its ongoing requirements, we may charge additional fees each year to perform this work.
Any benefits that we receive that are relevant to your consideration of our advice to you will be disclosed in the Statement of Advice.
If a client is referred to us we may pay the referrer a fee. We may also provide the referrer with thank you gifts such as branded promotional items, hampers, gift vouchers etc. We will record the details of any referral fees in the Statement of Advice we prepare for you. If we refer a client to another service provider they may pay us a referrer fee.
A fee may vary according to the referrer, the referee, the client and financial advice and products involved. The fee may be a percentage of fees or a flat fee. The fee may be paid upfront when a financial service or product is provided or periodically as ongoing fees.
Other payments received by Merit Wealth and associates
Merit Wealth, its associated entities and other authorised representatives of the Merit Wealth Australian Financial Services Licence, may receive other forms of fees, commissions and payments, one-off and ongoing, from financial product providers or other parties. None of these amounts are on-paid to us.
Merit Wealth holds a Professional Indemnity Insurance Policy, which complies with the requirements for compensation arrangements under the Corporations Act (subject to its terms and conditions). This Policy covers claims relating to the professional services provided by Merit Wealth and its representatives.
Merit Wealth’s Professional Indemnity insurance only covers advice in relation to professional services provided by representatives of Merit Wealth while authorised by us, even where that representative has subsequently ceased to be an authorised representative of Merit Wealth.
Merit Wealth is required, pursuant to the Anti-Money Laundering (AML) and CounterTerrorism Financing (CTF) Act and its corresponding rules and regulations to implement certain customer identification processes. We may be required to obtain information about you at the time of providing financial services to you and from time to time thereafter in order to meet our legal obligations. We have certain reporting obligations pursuant to the AML/CTF Act and information obtained from or about you may be provided to external third parties and regulators in accordance with the requirements imposed on us.
How to instruct us
You may specify how you would like to give us instructions, for example, by phone, fax or email. Alternatively, you may provide instructions to us in person. Where instructions are provided by telephone, these must be confirmed in writing.
Please contact us first about your complaint. If your complaint is not satisfactorily resolved by us within 3 business days, please contact Merit Wealth on 1300 785 611 or put your complaint in writing and send to:
Merit Wealth Pty Ltd
Level 2, 115 Pitt Street, Sydney, NSW 2001
FSG issued by Merit Wealth Pty Limited ABN 89 125 557 002 Australian Financial Services Licence number 409361
Privacy Statement: https://www.meritwealth.com.au/privacy-statement