Lonsdale to take on risk
Lonsdale has entered the risk research market with the launch of an add-on module to its planner software package, LLink.
Lonsdale has entered the risk research market with the launch of an add-on module to its planner software package, LLink.
The module, designed as a "front end tool" for planners, will draw on the research capabilities of Pro Planner and Life Researcher (re-cently bought by rival researcher BOSS). As with other LLink pro-grams, it will be available either as a stand-alone or any other com-bination of programs in the LLink suite.
However, Lonsdale's national business manager Scott Monotti, says the new program does not signal a move by the group into full-scale risk research, even though Lonsdale provides research in the managed funds area.
"We won't reinvent the wheel. We'll use existing providers in the market place to write up the front end," Monotti says.
The new software module will provide the means for planners to con-duct detailed research into a client's risk profile by inputting cli-ent details into its system and then searching a database of avail-able products to best suit the client's needs.
The software currently goes out to 1,100 fee only users and between 80 and 90 Lonsdale-linked planners.
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