Oxford Risk launches range of suitability tools

The Oxford University spin-off company said the suite of suitability tools could help both advisers and their clients by accounting for investors' psychology, circumstances, emotions and financial understanding. The suite of tools, dubbed ‘Compass' by the firm, provided "the most scientifically rigorous psychometric risk-tolerance assessment available", it said. The company also claimed to offer "the industry's only dynamic risk capacity calculation as well as nine other behavioural insights to "manage short-term emotional comfort". Put together, the firm said, the tools "quantify wha...