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Voyant crash simulator tests capacity of clients for risk

IFA technology firm Voyant UK is offering a crash simulation tool designed to allow advisers to illustrate the effects that a market crash would have on clients’ investments.

The tool allows advisers to enter various market conditions and visually illustrate to clients the effects on their portfolio.

The loss capacity simulator also provides advisers with a client’s average annual percentage return and the average annual percentage return needed after a major crash event to achieve their targeted returns.

The company says the simulator will help to determine an accurate measure of client attitude to risk.

In March, Voyant UK integrated its platform with FinaMetrica’s psychometric riskprofiling in a move to assist advisers with client discussions about risk-profiling.

Evolve Financial Planning director Jason Witcombe says: “Anything that makes it easier for clients to understand their capacity for risk is worthwhile.”

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