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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.”

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