Message from the editor

The month had some good news coming in from the regulator. The announcement of the Transaction fee of Rs. 100 and Rs. 150 was received with mixed reaction. With many saying it will help broaden the market with others asking for fees for other transactions and higher value transactions. Probably the regulator is looking at supporting the more retail advisors and markets by providing a small incentive to reach out to an untapped segment of potential investors. Inclusion mantra.
We have always been highlighting in many articles that distributor regulation is round the corner and we saw the 1st step being taken last month. Processes need to be announced but the change has started happening. Be prepared to meet the challenges
Our proposition has always been about cross sell and increasing product penetration into your customer base and increase your revenue pool. Successful business model for an advisor. Keeping in line with this we have featured our cross sell topic and our business strategy article on customer centric proposition. What best for the advisor to do then build his or her business around the customer and have a lifelong business model which can easily absorb all revenue, economic, regulatory shock. Along with all our other features hope you enjoy this edition of In Touch, keeping you in touch with news, views and everything else.
And wishing all our readers a Happy Independence day; pray for a progressive and corruption free India. Jai Hind..
Views & feedback welcome as always.

Feb Newlsetter Issue

Message from the editor
We hope you enjoyed reading our launch issue. We did get accolades from industry and readers, thank you very much. Our objective is to share best practices and learnings on an on-going basis so that our readers can apply it in their day to day business.
The key development in January was Know Your Client (KYC) w.e.f. January 1, 2011, where all categories of investors irrespective of amount of investment in Mutual Funds are required to comply with KYC norms. To know more please visit the AMFI website
The other development which would impact your business is Know Your Distributor (KYD) - All ARN holders are required to complete the KYD process by February 28th, 2011. If the same is not completed by then, payment of commission would be suspended till the KYD requirements are complied with. To know more about KYD process, visit AMFI website
In addition to the regular features we have added a section called for International Corner and Client corner, hope you like it.
Continuing on the cross sell theme we talk about Lending against Property (LAP) in this issue.
In our last issue we shared what CLOUD computing is all about, in this use we share what are the benefits of CLOUD to you as an IFA.
Please make use of the Refer a friend programme and earn attractive fees.
Look forward to hearing from you at feedback@touchbase.co.in . Read the full newsletter by clicking http://bit.ly/ekP8uO
Happy reading.

Welcome to Moneytouch Retail Financial Services

Moneytouch has launched a B2B integrated 360 degree platform that supports financial services intermediaries like Mutual Fund Advisors, Insurance agents, Financial Planners, Sub Brokers etc by providing them with:

1. State of the art technology platform

2. Sales/Product support in closing leads

3. Marketing insights

4. Operations support

5. Training and Certification

We offer multi-partner and multi product solutions to our partners across personal loan/ business loan/ home loan/ auto loan/ loan against property, securities/capital markets/ real estate/ life insurance/ general insurance/mutual funds/PMS/ Deposits/Art and much more .

Our objective is to provide intermediaries an end to end solution from one platform so that they can compete effectively in the market.Moneytouch offers resources designed to help you make smart financial decisions. Visit http://moneytouch.in/Guides.aspx for news, views, articels on buying a home, asset classes and calculators today!

Moneytouch, makes finance simple.