Reporting group
You can generate reports across different products within the group.
An account can be in multiple reporting groups.
For more information on how group performance reporting works, see Understanding performance reporting.
For more information on how to generate group reporting via Report Builder, see Using Report Builder.
Fee group
When grouping accounts for fee purposes, the accounts will automatically be grouped for both administration fees and advice fees (if applicable).
Administration fees:
For information on the administration fee discounts that may apply when grouping accounts, see Understanding administration fees and the wrap fee calculator.
Advice fees:
- Macquarie Wrap accounts only: Advice fees can be submitted per account using the Advice Fee Form. In the Advice Fee Form, you can choose for your advice fee/s to calculate on fee group balance or individual account balance.
- Macquarie Vision accounts only: Advice fees for Vision groups can be applied and updated using the Macquarie Vision Fee grouping form. When applying advice fees that calculate on the group balance, all accounts within the group must have the same advice fee structure. If you would like to group Vision accounts for administration fees only, please use the Macquarie Vision grouping form to create the group and the Advice Fee Form to apply your adviser service fee/s to each individual account in the group.
- Tiered advice fees loaded to the group are first calculated on the total Funds Under Administration (FUA) balance of the FUA of all accounts and then prorated to each account in the account group based on the proportion of FUA held in each account. Flat advice fees for grouped accounts will be prorated by FUA across the accounts in the same account type. For Macquarie Vision accounts grouped for fees containing non super accounts, you can also elect the % split of fees to be charged per account instead of being prorated.
