Barclays unveils online risk/reward tool

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BARCLAYS Stockbrokers has rolled out a new web-based tool designed to help investors determine their risk and reward profile.

The Investment Selector will highlight a range of investment options deemed suitable for the appropriate level of risk. Investors are asked a series of questions to determine risk profile and the type of investment they are seeking. The company has stressed the tool is not a substitute for financial advice. Barclays has published new research to coincide with the launch of the tool that shows almost two thirds of ISA investors believe an online tool that helps determine investment decisions without paying for advice would be useful. Of the 65pc of investors who said the tool was to be we...

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