Skandia has launched a multiple currency client risk assessment questionnaire which automatically feeds into an asset allocation calculator.
“This is the first time this interactive tool has been available for use in dollars and euro. A sterling version has been available through the Skandia UK Group for some time.”
She said information from the risk questionnaire will be automatically entered into the asset allocation calculator to give the adviser an illustration of the spread of investments that might be suitable for a particular risk profile.
She adds: “The whole process is easy to do and takes a matter of minutes.”
Skandia’s asset management tool has been built by global actuarial and management consultants, Tillinghast Towers Perrin, using mathematical formulae to project many hundred of plausible paths for future investment returns for the asset classes.
The attitude to risk and investment bias, combined with the investment term chosen determines the shape of the Optimised Portfolio’s suggested asset allocation that will be produced.
The sectors used in the Optimised Portfolios include UK equity, US equity, European equity, Japanese equity, Far East equity, global fixed interest and deposit. The move follows last month’s launch of a microsite that provides information regarding the Insurance Mediation Directive and the EU Savings Tax Directive.
The site offers support material, regulatory contact details and product information. It also has country specific information such as regulators’ web addresses and relevant products available from Skandia Ireland.
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