Only a third (34%) of advisers and paraplanners offer cashflow modelling to all clients with 8% not offering it at all, research by Intelliflo has found.
The study, which surveyed 328 adviser firm employees and was in conjunction with i4C, revealed that 34% of advisers and paraplanners were using cashflow modelling less than once a year. Less than half use it at significant client milestones such as retirement (39%), changes in a client's lifestyle (36%) and when the client received a lump sum (24%). In addition, a quarter (23%) of advisers said they were not using their cashflow tool live with clients. However, the poll also revealed that cashflow modelling technology is the most popular tool for helping clients meet their long-term g...
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