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Tillinghast targets IFAs with risk projection service on net

Management and actuarial consultancy Tillinghast has set up an online investment risk projection tool for IFAs.

The eValue system uses a technique called stochastic asset modelling, which help investors to understand the total risk profile of a portfolio of investments carrying different levels of risk.

The process highlights the likelihood of investors achieving their financial goals and helps them understand the consequences of different asset allocation strategies.

Tillinghast believes that stochastic modelling techniques are vital to combat the unrealistic expectations of investors and the reputa-tion risk to the long-term savings industry.

Principal Bruce Moss says: “Blind optimism is a common feature of consumers&#39 longterm financial planning and can lead to real financial hardship. Our eValue planning tool will change that because it provides the adviser, provider and customer with a range of outcomes and their corresponding probabilities.

“The financial services ind-ustry does not base predictions on the likelihood of an outcome, which is particularly dangerous with new product such as pension inc-ome drawdown and investment-linked annuities, where the scope for future disappointment is enormous.”

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