Novia launches analysis tool

Model Portfolio Evaluator (MPE) allows comparison between client portfolios and hypothetical portfolios drawn up by the adviser with different risk profiles, such as cautious through to a more adventurous strategy. Novia says the tool will benefit both adviser and client because it "illustrates in a readily understandable format" how client portfolios - which can become out of sync over time - match their risk and reward profile. Furthermore, says Novia sales director Paul Boston, the comparison tool is ready-made for the RDR. "As the RDR becomes more of a reality, the ability to u...