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Analyser to sum up with-profits

FundsNetwork is developing a with-profits analyser with Cazalet Consulting.

It is designed to help advisers find out the asset mix and performance details of with-profits funds without having to wade through each fund’s principles and practices of financial management documents and FSA returns.

It will use this data, along with analytics from Cazalet Consulting and stochastic forecasting from Towers Perrin Tillinghast, to project likely future returns on with-profits funds, including the impact of guarantees at maturity.

The analyser is free to all advisers, including those not signed up to FundsNetwork, and will be launched in early 2007.

FundsNetwork head David Dalton-Brown says that most advisers are unlikely to have the time to read all the different with-profits funds’ annual documents. He believes the service will help advisers to make specific recommendations.

Dalton-Brown says: “Many with-profits funds are not delivering what they said they would. This service will enable advisers to give advice to their clients based on factual information. Advisers are under a great deal of pressure to review their £200bn of legacy policies.”


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