Financial advice software provider Midwinter Financial Services, has added a new module to its Reasonable Basis software that enables advisers to compare and optimise the best gearing strategies for their clients.
The new tool, Accumulate, allows for the comparison of multiple gearing strategies, including debt reduction, borrowing against capital to invest, margin lending, agribusiness and instalment warrants within self-managed superannuation funds.
The software is also able to produce Statement of Advice inserts that include graphical reports as well as current and proposed tax and cash flow analysis.
Midwinter's Reasonable Basis was designed to aid advisers in satisfying their disclosure obligations under the Financial Services Reform Act by guiding them in justifying their product and strategic recommendations.
Accumulate will be officially launched at Midwinter's High Value, Low Touch Advice national Roadshow 2008.