IWL targets planners in VisiWeb relaunch
IWLwill officially release its updated version of VisiWeb this week with new features pushing it more into the domain of advisers.
IWL executive general manager, financial advisory solutions, Ross Johnston says while VisiWeb has previously been used “more as an infrastructure and client management aid, we’re now actually launching it as a financial planning tool”.
The additions to VisiWeb include process-driven financial plan generation, client fact-finding, risk tolerance testing tools, and equities and managed funds research, including model portfolios.
The group has also touted further releases in January and April next year, with additional enhancements being made to the assets and liabilities and mandate checking components, and the inclusion of disclosure tools and built-in tax and Centrelink engines.
One of the benefits of the online tool, as opposed to the CD-ROM-based VisiPlan, Johnston argues, is that any amendments or updates can be accessed straightaway.
Johnston even hints that VisiWeb may eventually replace VisiPlan as its flagship financial planning tool in future, though he does not anticipate this will happen for at least a couple of years.
The new version of VisiWeb will be available from the end of October, while IWL will also be relaunching the recently acquired BizMax tool this week.
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