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Winterthur finds right balance with online tool for IFAs

Winterthur Life is offering a new tool it says will help IFAs maximise their clients&#39 chances of achieving their financial goals.

The portfolio balancer, an online portfolio planning and asset allocation program, includes a simulator which helps advisers work out the statistical probability of achieving their clients&#39 goals through stochastic modelling techniques, target asset allocations and a personalised investment balancing strategy.

The program lets advisers use new or existing assets when analysing the probability of achieving goals as well as balance assets to reflect a client&#39s ideal portfolio, set multiple investment goals, regularly review goals to check the likelihood of achieving them and to choose “best-fit” funds from Wintherthur&#39s new tailored selection range.

Sales director David Thompson believes evaluation of risk and appropriate asset allocation are the most important functions that IFAs can perform for clients and says the tool allows the adviser to take account of a client&#39s lifestyle and financial goals to construct a suitable asset allocation model.

He says: “I believe that tools of this kind will become an integral part of an adviser&#39s business in the not too distant future because the current applications provide such invaluable support in the complex area of asset allocation and financial planning.

“There are a number of logical enhancements, one of which is transactional capacity to allow advisers to buy/sell/e-balance/switch units on line.”


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