Advisers split on cashflow modelling priorities

Two-thirds (67%) believed it was essential to advice

Victoria McKeever
clock • 2 min read

A third (29%) of advisers said 'ease of use' and 'quality of visual and graphical images' were the most important factors when selecting cashflow modelling software, Focus Solutions has found.

Focus Solutions surveyed the senior members of seven adviser networks - St James's Place, Drewberry Wealth, Roxburgh Financial Management, LightBlue UK, Plan Money, Cavendish Ware, Bankhall (part of SBG) - in June this year.  One in seven (14%) advisers cited ‘fast journey from fact-find to illustrations' and ‘ability for client to engage with the process' as priorities for cashflow modelling software. Senior staff from just one firm, meanwhile, flagged ‘cost and integration with an existing platform' as an important factor. Two-thirds (67%) of respondents believed cashflow modelling ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

NextGen Planners launches tech stack 'innovation lab'

NextGen Planners launches tech stack 'innovation lab'

Comprised of nine tech stack ‘avengers’ from across the industry

Isabel Baxter
clock 18 March 2024 • 1 min read
AI and advice: The challenge of making good tech decisions

AI and advice: The challenge of making good tech decisions

AI integration will have a lasting impact in financial services

Roderic Rennison and Chris Baigent-Reed
clock 15 March 2024 • 6 min read
Cloud tech firm unveils SIPP provider solution to 'digitise drawdowns'

Cloud tech firm unveils SIPP provider solution to 'digitise drawdowns'

‘The SIPP market presents exciting growth opportunities’

Isabel Baxter
clock 14 March 2024 • 2 min read