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NU launches new online tool

Norwich Union is launching a bespoke stochastic modelling tool for its online platform, developed by DecisionsDecisions.
The planning software, called Forecast, aims to show the benefits of financial planning, encourage clients to spread investments through a range of holdings and sectors and educate investors about the impacts of portfolio changes.
Norwich Union head of investments Neil Davies says: “The key to successful investing is robust portfolio planning, but delivering the portfolio recommendations that clients demand can be time-consuming and complex for advisers.
Forecast will help advisers build bespoke investment portfolios for clients while easing the compliance burden by keeping an audit trail of IFAs fact-finding and recommendations.”


29% Of workers not saving for retirement

Employer pension contrib-utions have increased in the past 12 months but almost one-third of workers are still not saving anything for their retirement, according to a survey by Origen.

No conflict in being a mason

I was surprised to read that IFA Defence Union chief Evan Owen wants the FSA to publish a list of Freemasons. It would be like asking MPs or anybody else to do the same.

Shout it from the Rooftop

Despite recent criticism of mortgage packagers, Rooftop Mortgages is achieving 80m completions a month as a specialist lender creating exclusive deals with packagers and believes it has plenty of opportunities to expand, says Andrea Tryphonides.

Financial services salaries increase as candidate numbers fall in 2005

Financial services workers are seeing increasing salaries as the number of suitable candidates drops, according to Morgan McKinley.The specialist in financial services recruitment reveals average salaries increasing 2.64 per cent a year, now at 48,281.Salaries of senior professionals have increased 5 per cent over the last year from 70,852 in April 2004 to 74,409 in […]


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