The Avail software template will enable advisers to complete a bespoke and client specific report, detailing the actions required to be taken prior to “A” Day. The report can be used as a tool for either keeping clients informed of the new rules, or alternatively covering the complex areas of advice required by clients.
Joe Hill, director of Avail commented:
“It is important to contact clients now to ensure they are well informed and plan accordingly. The FSA have already indicated that they expect advisers to maintain high standards of advice during the transitional period, and advisers should not leave the door open for complaints in the future with a failure to act now”
“It is equally important for advisers to consider the planning opportunities both pre and post “A” Day. We are sure that the new report service will really appeal to Webline users who will find the service gives them a great method of providing accurate, personal reports to clients.”
Following Avail’s integration with the Webline portal, advisers are now able to generate client specific Suitability letters, Demands & Needs statements and Mortgage Product Confirmation letters, with each document being personalised and bespoke for the client.
Matt Humphrey, client and operations director of Webline, commented:
“We've had an encouraging amount of interest in Avail’s suitability software since its integration with Webline in May this year. With pensions simplification being one of the areas the FSA continues to focus on, all intermediaries will need to ensure they are compliant as well as helping clients take up the opportunities the changes bring. The A-day report is an excellent example of how intelligent software functionality assists an adviser in the analysis process, and by producing a key document, personalised for each client, supports the ongoing advice process.”
The full suitability software facility, including the new A-Day report will be available for a 30 day free trial to all Webline’s current registered users .
