XPLAN is a financial planning software developed by IRESS Limited, an Australian financial technology company. The software is used by financial advisers, wealth managers, and other financial professionals to manage client data, analyze financial data, and create financial plans and reports.

1. XPLAN includes a range of features and tools to help financial professionals streamline their workflows, reduce paperwork, and improve efficiency. Some of the key features of XPLAN include:
2. Client management: XPLAN allows financial advisers to store and manage client data, including personal details, financial goals, and investment preferences.
3. Financial planning: XPLAN includes a range of tools to help financial advisers create financial plans and recommendations, including goal setting, cash flow forecasting, and asset allocation analysis.
4. Investment management: XPLAN provides tools to help financial advisers manage their clients' investments, including portfolio monitoring, risk analysis, and market research.
5. Reporting: XPLAN can generate a range of reports, including financial plans, investment performance reports, and compliance reports.
6. Integration: XPLAN integrates with other financial software and tools, including accounting software, stock market data providers, and online trading platforms.

XPLAN is widely used in the financial planning industry in Australia and New Zealand, and is known for its user-friendly interface, robust features, and integration capabilities.

In Australia, a downsizer strategy refers to a government initiative that allows older Australians to make a one-time, tax-free contribution to their superannuation account after selling their home. This initiative is designed to encourage older Australians to downsize their homes, freeing up housing for younger families and potentially boosting the supply of affordable housing.

Under this initiative, individuals who are 65 years or older may be eligible to make a downsizer contribution to their superannuation account of up to $300,000 from the proceeds of selling their home. The home must have been the individual's main residence for at least 10 years prior to the sale.
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The benefits of a downsizer strategy include:

• Tax-free contributions: The contributions made from the sale of the home are exempt from capital gains tax and are not included in the age pension assets test.
• Boosting retirement savings: The contributions can help boost an individual's superannuation balance, potentially providing additional financial security in retirement.
• Downsizing benefits: The strategy can also provide the opportunity to downsize to a more suitable and potentially more affordable home, freeing up capital for other expenses.

It's important to note that there are eligibility criteria and rules around the downsizer strategy, including the need to make the contribution within 90 days of receiving the sale proceeds and the requirement to provide certain documentation to the superannuation fund. It's also important to seek financial advice before making any significant financial decisions, to ensure that the downsizer strategy is appropriate for individual circumstances and goals.

A contract financial adviser assistant / paraplanner / client support officer can provide a range of administration services to support a financial adviser in their practice. Some of the common administration services that a contract financial adviser assistant may provide include:

1.    Client management: This may include maintaining client records, updating client details, and responding to client inquiries.
2.    Appointment scheduling: The financial adviser assistant may be responsible for scheduling client appointments, setting up meetings, and managing the adviser's calendar.
3.    Document preparation: This may include drafting and preparing client correspondence, creating reports and financial plans, and processing client applications.
4.    Data entry: The assistant may be responsible for entering client data into the financial planning software or other databases, updating financial records, and preparing financial statements.
5.    Compliance support: The assistant may assist with maintaining compliance records, monitoring regulatory changes, and ensuring that the financial adviser is in compliance with industry regulations.
6.    Marketing support: The assistant may help with creating and managing marketing campaigns, preparing marketing materials, and updating the firm's website and social media channels.
7.    Research: The assistant may conduct research on financial products and services, investment options, and market trends to support the financial adviser's recommendations.
8.    General administrative tasks: This may include answering phone calls, responding to emails, ordering office supplies, and other administrative tasks as needed.

Overall, a contract financial adviser assistant can provide valuable administrative support to a financial adviser, allowing them to focus on delivering high-quality financial advice to their clients. By taking care of routine administrative tasks, the assistant can help the adviser to increase their productivity, streamline their practice, and improve their overall client experience.