Multi-risk profile system launched by 2Plan

Chris Smallwood, chief executive of the national IFA, says the technology was designed because most back-office systems allow only a single risk profile per customer. Smallwood says it is often more appropriate to assign different levels for different investments. The analysis system uses psychometric and fact-find questions to assess attitude to risk before automatically producing the asset allocation options and tolerance limits. Where more than one risk profile exists, advisers are required to input a written explanation of their reasoning which is then also included in the automat...