True Potential is offering a transfer toolkit which aims to help advisers transfer legacy pension and investment assets into more suitable products that match clients’ updated risk profiles.
The toolkit allows advisers to view legacy assets in pie chart or tabular format and analyse suitability based on clients’ attitudes to risk. It also enables advisers to transfer assets to the most appropriate products on the TP Wealth Platform.
True Potential has also launched a management information suite for its platform, where advisers can download reference material, view client reports and create and administer investment strategies.
Senior partner Daniel Harrison says: “Being both the provider of the back-office system and the platform provider means the level of client data that advisers can use, interrogate, analyse and derive meaningful information from is without peer in the industry.”
CWC Resarch senior partner Clive Waller says: “Attitude to risk and legacy products are areas the FSA is currently concerned about. Any tool which allows advisers to see where their clients are and where they want to be has got to be a good thing.”