Research & Recommendation
Save £££s with a suite of tried and tested tools to assist you in identifying the best options for your clients
In order to select the most appropriate solutions for your clients, you need to have access to the very best independent research tools that allow you to search the whole of the market. SimplyBiz understand this is key to your success and that’s why we offer a range of tools at no extra cost which allow you to make the best selections for your clients.
Synaptic Fund & Product Research - Save £90 + VAT per month as a SimplyBiz Member
SimplyBiz offers each Member Firm a complimentary Synaptic Licence. Synaptic Fund & Product Research from Capita Financial Software, the UK's leading provider of financial software is an in depth and easy to use system, which can be accessed online. This tool contains a great range of features that will assist you now and beyond RDR.
Rayner Spencer Mills Fund Panel
Once you've narrowed down your search selection of potential funds, you'll need to investigate each option further to determine if it really is the most suitable investment for your client. SimplyBiz provides you with free access to the Rayner Spencer Mills Fund Panel, who clearly rate the strongest funds that have reached their required standard. All contributing to your research and recommendation process whilst ensuring the criteria used to arrive at the rating is fully documented and forms an integral part of the audit process to ensure you meet regulatory requirements.
Synaptic Comparator is heavily discounted for SimplyBiz Member Firms. The software contains data for almost 300 wrappers and 18 platform charging structures from 15 platform operators producing projections for thousands of fund, wrapper and platform combinations.
Synaptic Comparator allows the comparison of leading platforms on the most important criteria to you and your clients. These features could be the platform itself, aspects of the tax wrappers or the availability of underlying funds. Onshore bonds, offshore bonds and personal pensions have been added to accompany GIAs, ISAs and SIPPs.
SimplyBiz offers you a bespoke version of the Dynamic Planner risk assessment tool, powered by Distribution Technology. The focus of this risk profiling process is to offer a more scientific way of assessing a client's propensity to investment risk. Using this process helps you and any of your advisers to quickly establish a client's attitude to risk and, using the free tool, align an asset allocation model that matches that risk within seconds. Not only do we offer ‘baked-in' compliance as part of the process, but there are no additional charges to you.
The risk profiling tools provides a client-friendly and compliant way to assess risk, it also produces an asset allocation pie chart showing the optimum weighting for that risk profile. These asset allocation models are designed to provide an optimum investment strategy for your clients, based on long term investing and Modern Portfolio Theory. You can then select the most appropriate funds from the entire market which match that asset allocation, use a pre-determined portfolio, or the specially designed risk-rated multi-manager IM Verbatim Funds that meet your client's requirements and invest in line with the asset allocation model.
SimplyBiz have negotiated up to 45% discount for Member Firms for this independent online retirement planning tool. Access this suite of on-line Transfer Analysis, Retirement Planning, Lifetime Limit calculation and Income Drawdown tools by selecting the package most suited to you. As a SimplyBiz Member you can access a technical helpdesk, what's more there's no limit on the number of reports you can create.
SimplyBiz have negotiated a special discount for Member Firms to access this easy to use suitability report writing software, which will help you document your recommendations for clients, using a report writing wizard which saves significant time compared to using standard templates. Produce professional and compliant reports efficiently ensuring you can go back to your clients with your recommendations as soon as you have determined the best solutions for them.