View more on these topics

SLI offers online asset allocation aid for advisers

Scottish Life International has set up an online asset allocation tool to ensure that an IFA’s investment advice matches the risk profiles of clients.

SLI believes the risk manager service offers intermediaries a clearer record of the investment advice they give and a client’s risk level.

It is free to advisers as an extension of SLI’s extranet and will be rolled out this week initially to existing users of the extranet.

The software, which has been developed by actuarial consultantcy Barrie and Hibbert, calculates the probability of returns from seven asset classes, rating them on risk and potential outcome.

SLI refers to research from the Myners review that says determining asset allocation is by far the most important decision that an investor makes, contributing to 94 per cent of portfolio returns, compared with 4 per cent for stock selection and 2 per cent for market timing.

Head of marketing Rich-ard Jamieson says: “Obviously, there is no way of guaranteeing absolute certainty in this market but we believe that this selling tool will be of value to IFAs if nothing else than for allowing them the chance to cover their backs years down the line, which is increasingly important these days.”

Recommended

IFP’s view

One of the astonishing parts of the recent ABI report on commission is the assumption that there is still a fee versus commission debate. It is surely time for us to move on to a debate that focuses on how advisers can be paid effectively and fairly for the work they do with clients. To enable this to happen, there has to be a form of commission that rewards the selling of products

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com