The new area has launched with 12 plans from nine providers, including LV=, Bright Grey, Legal & General and Scottish Provident.
The research module filters out or in products based on each client’s specifications. Plans that do not support criteria selected by the adviser are eliminated from the research process. Once the product selection has been narrowed down and a suitable product has been found, full suitability reports can be produced to justify and evidence the recommendation.
Capita Financial Software head of product management Simon Thomas says: “Advisers are now looking to combine elements of cover from each protection type – term assurance, income protection, critical illness or unemployment benefit – to ensure that their clients have suitable cover in place should the unexpected occur.
“The new service we have developed will help advisers to consider all essential protection needs for their clients.”