Our role in life is simply to operate as a not-for-profit adviser association that tries to maximise the benefits we create for advisers and their businesses.
One way we do that is by using our collective negotiating power to make savings for our members. For example, the TripleA has “group bulk deals” with two dispute resolution services namely FDR and IFSO.
The objective of these bulk deals is to save you costs if we can. Purchasing these services directly may cost you as an individual adviser around $400pa. TripleA only charges $200pa so straight away we have saved our members $200pa. The more members we have in these bulk deals the greater the saving we can deliver to members.
When someone goes through our online application process, they indicate which dispute resolution service they use. Our system then automatically picks that up and that may flow through to an invoice being issued with your membership subs in February. Your name appears on a schedule of TripleA members that goes over to FDR and IFSO each month for checking and reconciliation.
So, if you receive a subs invoice from us around mid-February and it’s also got a dispute resolution scheme charge on it, this is what it will relate to.
It’s a great little value-add benefit of TripleA membership.