Risk Profiling & Pension Priorities Questionnaire

This document is used to assess the client’s risk profile and fully understand their attitude and priorities in relation to their pensions.

Main features:

• 12 multiple choice client risk profiling questions
• Client desired annual income in retirement question
• 11 multiple choice client pension priorities questions
• Client pension priorities ranking question

To download an example of this report and other documents please visit our Document Download page.

Investment Policy Statement

This document is used, prior to presentation, to explain why an asset allocated approach to investing is important and explains the trade off between risk and reward. The document then presents the range of model portfolios offered and specifies the calculated risk profile of the client before outlining their and your responsibilities.

Main features:

• Objectives and benefits of an investment policy statement
• Overview of strategy to be put in place
• Asset types explained
• Historic asset type returns and correlation explained
• Risk profile categories explained
• Client risk profile detailed
• Investment performance objectives explained
• The investment process explained
• The steps that will be taken
• The responsibilities of the adviser
• The responsibilities of the client
• Background to asset allocation and Modern Portfolio Theory

To download an example of this report and other documents please visit our Document Download page.

Pension Performance Report

This document gives an overview of the client’s situation, pension priorities and current pension arrangements. The document goes on to compare their existing pensions to that of the recommended provider, assessing each aspect of the proposed pension transfer and fully justifying the reasons for any transfer.

Main features:

• Report concept and overview
• Client current situation, objectives and benefits
• Pension priorities analysis
• Summary of recommendations
• Overview of current pensions
• Transfer cost and projections analysis
• Transfer cost and projections analysis – redirection of benefits (where applicable)
• Pension commencement lump sum analysis
• Fund performance and risk analysis
• With profits fund analysis (where applicable)
• Market value reducer analysis (where applicable)
• Asset allocation analysis
• Policy charges comparison
• Investment flexibility comparison
• Death benefits comparison
• Guaranteed annuity rate analysis (where applicable)
• Pension contribution insurance analysis (where applicable)
• Life insurance analysis (where applicable)
• Guaranteed minimum pension analysis (where applicable)
• Provider financial security comparison
• Retirement benefit options comparison
• Consolidation of pensions benefits analysis
• Recommendations and justification
• Investment details (where applicable)
• Client risk profile re-statement
• Client personal details
• Risk warnings and information

To download an example of this report and other documents please visit our Document Download page.

Investment Report

Where a pension transfer is recommended, this document sets out the reasons why the recommended provider has been chosen, why a wrap is a suitable investment vehicle and gives more details on the specific funds recommended.

Main features:

• Introduction and re-statement of recommended provider
• Client risk profile re-statement
• Actual historic portfolio performance
• Why a wrap has been recommended
• Detailed ‘reasons why’ the recommended provider has been chosen
• Detailed information on specific funds recommended for new investment

To download an example of this report and other documents please visit our Document Download page.

Pension Projection Report

This document outlines what size retirement fund the client may expect based on their current situation at a range of different growth rates. The documents goes on to show the growth rate or additional contributions that would be required to achieve the client’s desired level of retirement income and sets of ways this could be achieved.

Main features:

• Introduction and aims of report
• Report assumptions
• Client’s projected pension
• Target pension income analysis
• Growth and/or contributions required to hit pension income target
• Recommendations to achieve target

To download an example of this report and other documents please visit our Document Download page.

FSA Pension Switching Advice Suitability Assessment Template

This template sets out the approach used by the Financial Services Authority to assess the suitability of pension switching advice and provides users with a formal checklist of the suitability aspects to consider when using the Pension Performance Review Process. This document is optional and is used for internal compliance use only.

• Official document as used by the Financial Services Authority
• Can be used to internally assess the suitability of advice given using the Pension Performance Review Process
• Client, pension and data sections automatically complete
• Tick box and notes systems can be used by the reviewer to assess switching suitability

To download an example of this report and other documents please visit our Document Download page.

Portfolio Update Bulletin

This document can be sent to clients on a quarterly basis. The document sets out the performance of constituent funds and the overall returns for the five model portfolios and gives commentary on the performance over the previous quarter and recommendations for the following quarter.

Main features:

• Portfolio commentary over previous quarter
• Portfolio recommendations for following quarter
• Portfolio constituent fund performance figures
• Portfolio total performance figures
• Benchmark figures
• Relative out/underperformance figures
• Charts showing portfolio performance and current asset allocation

To download an example of this report and other documents please visit our Document Download page.