Streamlining the production of SOAs

I really enjoyed reading this piece on "Is the SOA worth the piece of paper it is written on" - and would love to know what tools & tactics other advisers use to help streamline the production of SOA...

advice production

Tangelo

Advisely Partner

2 years ago

To further add to jessica.lamb avoiding duplication is not only key to streamlining the SOA but also a means to mitigate compliance issues. All too often we see information being replicated (e.g. disclosure of fees), this not only adds unnecessary length to the document, but there's also a risk (especially if manually included) that information is inconsistent.

Businesses should also be mindlful of stripping out any "educational content" from the SOA and providing these as information sheets/flyers. Sometimes less is more so it's important to distinguish between what "must" be in the SOA vs what is "nice to have".

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