Merrills launches online savings tools

Merrill Lynch Investment Managers has launched a series of three online tools to help investors and their advisers to model future savings scenarios. The tools, which are available on the group's website at www.mlim.co.uk/uksite/fund-centre/projection_tool.asp, have been created to deliver projections and illustrations of how long it would take an investor to achieve their goals by saving at different rates into Merrills' unit trusts. There are three tools on the website: the projected value calculator, the projected monthly savings calculator and the projected term calculator. The p...