Zurich’s head of retail platform strategy revealed the platform has launched the tool, which assesses risk on a wide range of assets both on and off-platform, in a bid to support advisers communicate risk to clients.
He said: “We recognise that the range of assets that a customer may hold before speaking with an adviser can create challenges in identifying how these funds reflect their current attitude to risk.”
The free tool is designed to help advisers explain the level of risk in a customer’s new investments, and demonstrate risk in existing holdings based on the investment term.
Adviser view
Ian Patrick, director of Nottingham-based Ink Financial Management, said: “E-value’s fund risk assessor is an excellent addition to the Zurich platform and will make life easier by allowing us to give customers a quick and clear idea of the levels of risk they’re invested in without any extra cost. Any tools or support which add value and take some of the complexity out of investment are a welcome bonus.”
