Ascentric launches interactive income forecaster tool

'Deliberately simplistic', firm says

Tom Ellis
clock • 1 min read

Ascentric has launched an interactive forecaster tool on its wrap platform designed to help advisers plan their clients' income, particularly those in retirement.

The tablet-friendly tool allows advisers to project a client's income over 12 months, using FundsLibrary's most recent yield data, to assess and demonstrate to clients viable income strategies and how they affect a portfolio and investments.  "It's very simplistic and that's deliberately so," said Ascentric proposition manager Nick Hood. "This tool is very much geared towards advisers who have created portfolios of funds that are designed to return a level of natural income. So it's based around return data from FundsLibrary's vast repository of fund yield information." Hood explained...

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