Software developer CBoxx has launched a new tool for intermediaries trying to plan a mix of fees and commissions-based revenues post-de-polarisation.
4Cast builds on CBoxx’ previous solution Business Profiler (BP) by enabling modelling of future business as opposed to giving firms a clearer idea of current incomes. Mick Catherall, managing director CBoxx, says 4Cast is designed for larger enterprises with specific need to develop strategies, rather than smaller IFA businesses for which use of the tool may not be so economical. ”If a big IFA is looking at de-polarisation the tool is good to use for planning moves of tranches of business to multi-tie. For example, the business may want to maintain services to high net worth clients o...
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