FE has launched the FE Analytics+ Reduction in Yield Calculator for advisers, assessing the impact of costs on future returns with a single figure, rather than relying on product provider projections.
The Financial Conduct Authority requires advisers undertake appropriate cost comparisons, factoring in all costs, when recommending investments to clients. FE said the reduction in yield (RIY) calculation has become a popular way to do this, arguing its new tool offered advisers an alternative to an often lengthy and manual process. The calculator gives clients an inclusive view of the impact of costs on their portfolio and on future returns. It is fully integrated with FE Analytics, can be used for all investment types and access is free for existing users. FE commercial direc...
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