Novia unveils life-planning tool

The new system, available to Novia's users at a 40% discount, mirrors financial planning in the US with its focus on key life stage analysis, long term projected cash flows and simulation of "what if" scenarios. Novia says its data gathering, analytical and reporting capabilities provide one of the best packages around. Applications include charts showing cash flow, assets, expenses, debts and net worth, along with real-time analysis of current investments. When using the system, advisers can select the same asset allocations as Novia's planning tools. Novia CEO Bill Vasilieff says...