We have upgraded the capabilities within the Digital Advice strategy – Sell Investment Property.

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As part of the upgrade, we have renamed the strategy from Sell Investment Property to Sell Property to showcase its expanded functionality.

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The improved capability has expanded the scope the strategy covers, allowing you to - Sell the Family Home/Investment Property and:
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• Invest the Proceeds
• Repay Debt
• Make Super Contributions
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Along with the ability to Downsize the family home and make downsizer super contributions.
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The improved functions are available in:
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• Digital Advice > Scenarios > Strategy Selection > Sell Property
• Digital Advice > Scenarios > Strategy Selection > Super Contribution
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From the Digital Advice - Scenarios Screen, select the Add Scenario icon.
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Select the Client the advice is for, or select Joint to create advice for your client and partner. Select the type of advice - SoA or RoA - then Proceed To Scope.
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Select the Sell Property strategy from the Strategy Selection screen under Investment Strategies, then select Proceed. Link the Goals or skip this step.

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The Sell Property screen is divided into two sections. On the left is a list of the client's existing investments and holdings, with options to release or create new funds. On the right is a summary page of the actions taken.
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The first action is to release funds from the client's existing Properties by checking the tick box on the left-hand side of the property.
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You can also release a partial amount from the total value of the property by typing the amount into the Transaction field.
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This allows you to use the strategy to replicate common financial advice recommendations, for example, using some of the proceeds of the sale of the property to pay down debt, invest in super and purchase a new home with the remaining funds.
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The selected property will now show on the summary page on the right side of the window. Proceed to Apply Funds once the existing property has been sold and funds are available.

The Apply Funds screen is similarly divided into two sections. The left shows a list of existing Investments and Liabilities, along with options to add new assets.
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From this screen, you can apply the released funds to pay down the Loan or purchase additional assets.
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The Summary section of the Apply Funds screen shows the Available Funds from the sale of the Investment property.
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As funds are applied to different investments and liabilities, the Remaining Amount will show you how much is available to invest.
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Pay down the client's existing liabilities by adding the amounts to the transaction column and then clicking outside the field. These will now show in the summary window.
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As liabilities are paid down, they will show in the Summary section on the right-hand side, and the remaining amount available for investment will show under the Remaining Amount column.
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To purchase additional assets with the released funds, select the + New Assets or Add Model Portfolio/SMA button from the top of the left-hand window.
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Selecting the New Assets button opens a pop-up window where you can choose the type of asset to create. These fields are identical to the Assets fields throughout Adviserlogic.
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• Managed Funds
• Australian Shares
• Bank Deposit
• Custom Product
• Other
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Similarly, to add a previously established Model Portfolio or SMA, select the ModelPortfolio/SMA button and choose the previously established Model Portfolio or SMA from the drop-down.
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You can allocate all the remaining funds or enter an amount to invest.
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Enter the allocation amounts in the Transaction column of the client's existing assets to distribute the remaining funds among the client's existing investments.
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On the Summary window, on the right-hand side of the screen, you will find the total amount of funds released from the sale of the investment property.
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These funds will appear under the heading Redeemed Property. The released funds are divided into three columns, Available Amount, Transaction, and Remaining Amount. The values will change as the funds are applied and transacted into assets and liabilities.
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Below the Redeemed Investment Property is a list of the transactions you have created. These transactions are editable by hovering over the individual transaction and selecting the Rubbish bin Icons.
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The Line items are divided into four main columns Existing, Transaction, Projected and Proportion.
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​Existing - Shows the client's existing assets.
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​Transaction - Shows the recommended transactions you have entered.
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​Projected - Shows the sum of the Existing and Transaction amounts.
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​Proportion - Shows the proportion of the overall amount applied to the asset.
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You can now make a Super Contribution from your released funds by selecting a Super Contribution Strategy when creating your scenario.
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If you are completing a downsizer contribution, you should also select this custom strategy from the Investment, and Superannuation sections during strategy selection to include the text content and tables in your documents.
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From the Contribution Strategy Contribution Type window, select Non-Concessional Contribution.
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Select the Super Fund applicable to the downsizer contribution and enter the contribution amount, then select the Proceed to Source button from the bottom right of the window to navigate to the Sell Property options.
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The Contribution Source window is divided into two sections, the left shows a list of the client's existing investments, and once chosen, they will show on the right section.
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Select which property to sell - Family Home or Investment Property - the investment will show in the right section, where you can enter the full or partial amount to be contributed against the total property value in the editable Transaction column.
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To help you visualize how the improved functionality can be applied to common situations, please refer to the examples below.
Selling the Family Home or Investment Property and:
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• Investing the proceeds
• Repaying debt
• Making a downsizer contribution
• Making a downsizer contribution and repaying an existing loan
• Investing and repaying an existing loan​

Select the Sell Property strategy from the Strategy Selection screen under Investment Strategies, then select Proceed. Link the Goals or skip this step.
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The Sell Property screen is divided into two sections. On the left is a list of the client's existing investments and holdings, with options to release or create new funds. On the right is a summary page of the actions taken.
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The first action is to release funds from the client's existing Properties by checking the tick box on the left-hand side of the property.
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You can also release a partial amount from the total value of the property by typing the amount into the Transaction field.
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The selected property will now show on the summary page on the right side of the window. Proceed to Apply Funds once the existing investment properties have been released.
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Select the Sell Property strategy from the Strategy screen under Investment Strategies, then select Proceed. Link the Goals or skip this step.
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The Sell Property screen is divided into two sections. On the left is a list of the client's existing investments and holdings, with options to release or create new funds. On the right is a summary page of the actions taken.

The first action is to release funds from the client's existing Properties by checking the tick box on the left-hand side of the property.
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You can also release a partial amount from the total value of the property by typing the amount into the Transaction field.
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The selected property will now show on the summary page on the right side of the window. Proceed to Apply Funds once the existing investment properties have been released. Then follow the Pay Down Liability Instructions.
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Pay down the client's existing liabilities by adding the amounts to the transaction column and then clicking outside the field. These will now show in the summary window.
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As liabilities are paid down, they will show in the Summary section on the right-hand side, and the remaining amount available for investment will show under the Remaining Amount column.
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You can now make a Super Contribution from your released funds by selecting a Super Contribution Strategy when creating your scenario.
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If you are completing a downsizer contribution, you should also select this custom strategy from the Investment, and Superannuation sections during strategy selection to include the text content and tables in your documents.
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From the Contribution Strategy Contribution Type window, select Non-Concessional Contribution.
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Select the Super Fund applicable to the downsizer contribution and enter the contribution amount, then select the Proceed to Source button from the bottom right of the window to navigate to the Sell Property options.
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The Contribution Source window is divided into two sections, the left shows a list of the client's existing investments, and once chosen they will show on the right section.
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Select which property to sell - Family Home or Investment Property - the investment will show in the right section where you can enter the full or partial amount to be contributed against the total property value in the editable Transaction column.
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Adjust your Advice text, using the editor tool at the top of a Word document-inspired page that enables you to customise your text as needed. The text to be customised will be highlighted in Orange, but other text may also be edited.
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The text box is pre-filled with 4 main headings enabling you to create a well-structured strategy. Start with this and create an advice plan to explain your recommendation to clients.
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​Making a Downsizer Superannuation Contribution - Define the use of the strategy.
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​My Advice - Outline the advice that you are providing to the client.
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​Why My Advice is Right for You - Add the reasons for which you have recommended the strategy to the client along with their benefits.
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​Risk and Things to Consider - Add consequences, etc., for your Advice.

Adjust your Advice text, using the editor tool at the top of a Word document-inspired page that enables you to customise your text as needed. The text to be customized will be highlighted in Orange, but other text may also be edited.
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To help you with your task, the text area has been designed with two tables and 3 constructive main headings pre-filled with common considerations. You can use this as a starting point and customise as needed.
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​My Advice - Outline of the advice that you are providing to the client.
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​Why My Advice is Right for You - Add the reasons for which you have recommended the strategy to the client along with their benefits.
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​Risk and Things to Consider - Add consequences, etc., for your Advice.
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You can now make a Super Contribution from your released funds by selecting a Super Contribution Strategy when creating your scenario.
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If you are completing a downsizer contribution, you should also select this custom strategy from the Investment, and Superannuation sections during strategy selection to include the text content and tables in your documents.
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In this example, the client has a residential property worth $800 000 and an existing liability worth $60 000. Additionally, we will be making a Non-Concessional Contribution of $250 000
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Pay down the client's existing liabilities by partially selling the family home in the Investments - Sell Property Window by entering the amount of the liability to be paid down.
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From the Apply Funds window, add the amount of debt to be paid down in the transaction column and then click outside the field.
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As liabilities are paid down, they will show in the Summary section on the right-hand side, and the remaining amount available for investment will show under the Remaining Amount column. The remaining amount must be zero to be able to move to the next strategy.
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The Amount of Liability Paid down will be removed from the total property value in the Contribution Screens
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Navigate to the Downsize Residential property strategy by selecting the navigation button from the bottom right of the window. ​
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Adjust your Advice text, using the editor tool at the top of a Word document-inspired page that enables you to customise your text as needed. The text to be customized will be highlighted in Orange, but other text may also be edited.
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To help you with your task, the text area has been designed with two tables and 3 constructive main headings pre-filled with common considerations. You can use this as a starting point and customise as needed.
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Navigate to the Superannuation screen by selecting the navigation button from the bottom right of the window.
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From the Contribution Strategy Contribution Type window, select Non-Concessional Contribution.
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Select the Super Fund applicable to the downsizer contribution and enter the contribution amount, then select the Proceed to Source button from the bottom right of the window to navigate to the Sell Property options.
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The Contribution Source window is divided into two sections, the left shows a list of the client's existing investments, and once chosen, they will show on the right section.
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Select which property to sell - Family Home or Investment Property - the investment will show in the right section, where you can enter the full or partial amount to be contributed against the total property value in the editable Transaction column.
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Adjust your Advice text, using the editor tool at the top of a Word document-inspired page that enables you to customise your text as needed. The text to be customised will be highlighted in Orange, but other text may also be edited.
​

​
The text box is pre-filled with 4 main headings, enabling you to create a well-structured strategy. Start with this and create an advice plan to explain your recommendation to clients.
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​Making a Downsizer Superannuation Contribution - Define the use of the strategy.
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​My Advice - Outline the advice that you are providing to the client.
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​Why My Advice is Right for You - Add the reasons for which you have recommended the strategy to the client, along with their benefits.
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​Risk and Things to Consider - Add consequences, etc., for your Advice.
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Select the Sell Property strategy from the Strategy screen under Investment Strategies, then select Proceed. Link the Goals or skip this step.
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The Sell Property screen is divided into two sections. On the left is a list of the client's existing investments and holdings, with options to release or create new funds. On the right is a summary page of the actions taken.
​
The first action is to release funds from the client's existing Properties by checking the tick box on the left-hand side of the property.
​

​
You can also release a partial amount from the total value of the property by typing the amount into the Transaction field.
​

​​
The selected property will now show on the summary page on the right side of the window. Proceed to Apply Funds once the existing investment properties have been released.
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The Apply Funds screen is similarly divided into two sections. The left shows a list of existing Investments and Liabilities, along with options to add new assets.
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From this screen, you can apply the released funds to pay down the Loan or purchase additional assets.
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The Summary section of the Apply Funds screen shows the Available Funds from the sale of the Investment property.
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As funds are applied to different investments and liabilities, the Remaining Amount will show you how much is available to invest.
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Pay down the client's existing liabilities by adding the amounts to the transaction column and then clicking outside the field. These will now show in the summary window.
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As liabilities are paid down, they will show in the Summary section on the right-hand side, and the remaining amount available for investment will show under the Remaining Amount column.
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Access the Asset Allocation Tool and Product List from the three-dot menu at the top right of the window.

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The Asset Allocation Tool is the same as found in Advice Tools.
It will show the asset allocation information specific to your recommendation.

Selecting Product Detail List will download a spreadsheet with a detailed product list to your downloads folder.
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Once the correct amounts have been entered and all available funds have been exhausted the Proceed to Review button will become available. Select this to continue to the Review screen.

Review the details entered on the review page, you can edit the details by hovering over the tile and selecting the Pencil icon, there is also a section to enter a Summary.
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You may also edit the advice document from within the scenario by selecting the Save And Preview button from the top right of any screen within a digital advice scenario and following the Advice Editing Instructions.
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After editing the text to your liking, select the Proceed to Disclosure Fees button at the bottom right of the screen. From there, add your fees and complete your advice.
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After completing the advice, you may add any previously created cashflow modelling to the scenario by selecting the Link Cashflow option from the Scenario Tile. The cashflow tables will be drawn into the final advice document.
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