KAN Termination Request Form

KAN Termination Request Form
A 90-day notice period applies to KAN mortgage advisers moving to another aggregator. Your notice begins on the day you submit this form.

Let us know if you’d like to go for an earlier date if you're leaving the industry - we can wrap things up once your final invoice is paid; however, the 30-day Trail billing notice still applies.
Requested KAN Exit Date*

DayMonthYear
A 90-day notice period applies to mortgage advisers moving to another aggregator. An earlier exit may be possible for advisers exiting the industry; however, the 30-day Trail billing notice still applies.
What type of offboarding is required?*

One adviser is leaving (FAP is staying)Entire FAP is leaving KAN (also applies to single-adviser FAPs)
FAP Name*
Reason for leaving*

Moving to a new aggregatorLeaving the industryStarting own advice business (please specify below if staying with KAN)Other (please specify below)
Additional Details
Please specify any material circumstances we need to consider for billing, access to Trail etc.

Entire FAP Exit

Including Single Adviser FAPs
Single-adviser FAPs exiting the industry:
- Are liable for clawback liability over the next 24 months.
- Need Run-Off Professional Indemnity Insurance for a minimum of 6 years from your exit date.
- You’ll need to arrange new cover if you’re currently on KAN’s group PI cover policy.
List names of all advisers exiting*
Is a data transfer or export required?*

Yes (please see below)No
If you require a data transfer, please complete the Trail Data Transfer Form.
- This is used when an adviser is moving from one FAP to another, going out on their own, or a book is sold and the buyer is with Trail.
If you require a data export, this costs $500 + GST , please contact our support team directly.
- This is used when a book is sold to a non-Trail using FAP, or a FAP/Adviser is leaving Trail for another CRM. You can read this article for more information.

Clawback Liability
Name of new aggregation group*
Each exiting adviser moving to a new Head Group needs to download, sign and return the attached Clawback Agreement for your new Head Group to take over future clawback liability.

FAP exits to a new Head Group will have commissions put on hold for 30 days from the date of notice until your new group signs the clawback agreement and confirms your lender accreditations are all set.

F&G trail can’t be transferred, but you’re welcome to keep receiving it for $100 + GST/month, otherwise, it will stop when you exit.
Upload clawback transfer agreements for all adviser(s) exiting to a new Head Group*

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Trail Book Transfer
Trail Book Transfer Date

MonthDayYear
Please note that trail book transfers can take up to 30 days for lenders to process
Do you require a full book transfer or a partial book transfer?

Full bookPartial book (specific clients only)
List all lenders that require a trail book transfer
Upload a copy of the Sale and Purchase Agreement and a trail book list for each lender

Cancelof
Should be Empty:

Individual Adviser Exit Details