We regularly update our products and services to improve functionality and the user experience, as part of our programme to enrich our clients’ relationships.
Major updates with increased functionality are issued quarterly. Monthly releases support our more administrative and technical changes. We will let our clients know which updates apply automatically and any new additional features that are available.
This release is scheduled for April and will provide Budget-related updates as well as exciting developments to support advisers who wish to offer 'self-service' features to their clients.
This release will introduce the first phase of the new 'Customer Access' functionality and includes a new look and feel, designed to enhance the user experience!
This release supports the next phase in a series of enhancements that we are making, to build the most comprehensive asset allocation proposition available from any front office and planning tools technology provider.
Advisers are now able to see a range of risk profiled funds as part of the risk profiling process within Dynamic Planner.
| Feature/ improvement | Description | Availability |
|---|---|---|
| Risk profiling | New screens have been added, which allow advisers the opportunity to see funds that have been similarly risk profiled to the risk profile level selected. At the same time, links have been included to the fund fact sheets. |
Automatic update for all standard users of Dynamic Planner front office technology |
| Risk profiling |
New logos are available to enable Asset Managers to promote better awareness of the funds that have been risk profiled by us.
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Available to funds that have been risk profiled by us |
| Mortgare sourcing |
Advisers can install the new Server Local Link* and use the 'All New Mortgage Brain' functionality and:
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Available to advisers using the standard Dynamic Planner Enterprise with a licence for Protection and Mortgage planning |
This release concentrates on developments to our Dynamic Planner front office technology. In the run up to RDR, we are delighted to introduce proposition management, which will enable wealth management firms to design, deliver, charge for and track their propositions compliantly.
| Feature/ improvement | Description | Availability |
|---|---|---|
| Proposition management |
New front office functionality that will enable organisations to:
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Automatic update for all standard users of Dynamic Planner front office technology |
| Navigation | We have made it easier to move from the end of one planning task to the start of another by introducing a ‘next step’ screen | Automatic update for all standard users of Dynamic Planner |
| Help |
To make it easier to get started, we have given additional on-screen help |
Automatic update for all standard users of Dynamic Planner |
| Risk profiling | We have made it easier to accommodate two clients by adding the facility to toggle between viewing client and partner responses side-by-side or separately | Automatic update for all standard users of Dynamic Planner |
| Retirement planning | We have extended our scenario planning functionality to provide ‘what if?’ options for the retirement forecast. Now it is possible to quickly model additional contributions, changes to retirement ages and benefit options. | Automatic update for all standard users of Dynamic Planner |
Our Summer release on 31st August covers several further enhancements to our standard risk profiling tools:
| Feature/ Improvement | Description | Availability |
|---|---|---|
| Risk descriptors | We have fine tuned our risk descriptors to enhance the detail and understanding of each profile | Standard update for all standard Dynamic Planner users |
| Risk screen layouts | Now include a condensed risk descriptor section with an option to see the full text and an extension of the potential losses and gains values to include 5, 10 and 20 years |
Standard update for all standard Dynamic Planner users |
| Updates to questionnaires | We have updated two of the questions in the questionniares to·cater for the impact of losing or risking capital as well as income |
Standard update for all standard Dynamic Planner users |
| Response check | We have introduced an extra check for ‘middle responses’. This adds a further level of protection to the verification of the answers to the psychometric risk profiling questionnaires. |
Standard update for all standard Dynamic Planner users |
At the same time, we have included more information in the best practice guide on the customer segments, which risk profiling with Dynamic Planner is designed to accommodate. Please let us know if you would like a copy.
Our Spring release on 12th May, introduced a number of new and exciting features to Dynamic Planner. The table below provides some of the highlights:
| Module | Feature / Improvement | Description | Availability |
|---|---|---|---|
| Dynamic Planner Enterprise | New look and feel |
The screen designs have been refreshed.
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Standard update, included for all Dynamic Planner Enterprise clients using the DT theme |
| Factfind | Choosing and configuring the fact find screens |
We have made it easier for users who want to focus on specific financial planning areas. We now provide fast access to factfind screens for:
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Standard update, included for all Dynamic Planner Enterprise clients for the relevant modules |
| Financial Planning |
Risk profiling tools enhancements |
We recognised that there were opportunities to enhance the services we offer and to take risk profiling tools to a new level. Advisers can now benefit from plain English profile descriptions, unique safety features and a Best Practice Guide that summarises our underlying methodology, as well as how to use Dynamic Planner”. More |
Standard update, included for all Dynamic Planner Enterprise and Dynamic Planner Classic clients |
| Financial Planning | Retirement income | We have improved the shortfall chart to better reflect more complex retirement scenarios. The underlying methodology and calculations are remaining unchanged. | Standard update, included for all Dynamic Planner Enterprise and Dynamic Planner Classic clients |
| MI Reporting | MI reports and dashboards for risk profiling | As part of the risk profiling enhancements, we have introduced new dashboards to support advisory businesses with compliance management for risk profiling, at both an individual and a business level. | Standard update, included for all Dynamic Planner Enterprise clients with MI licences |
| Workflow | Improved configurations to increase flexibility and power of workflow permissions |
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Standard update, included for all Dynamic Planner Enterprise clients |
Following the January release, the Winter round of improvements to Dynamic Planner are now complete. The table below provides some of the highlights of the new and improved functionality we have added to the application.
| Module | Feature / Improvement | Description | Availability |
|---|---|---|---|
| Formulate advice | Formulate advice enhancements |
The investment and retirement formulate advice processes have been streamlined and improved to speed up the advice recommendation process. The new screens now provide an even better flow, with fewer screens than the previous version. |
Standard update, included for all Dynamic Planner Enterprise clients |
| MI Reporting | MI Reports | A new suite of MI reports are now available within Dynamic Planner. The reports cover the full advice process, giving users a view on the opportunity data and processes at work. | Optional for Dynamic Planner Enterprise clients with MI licences |
| MI Reporting | Dashboards |
Additional dashboards give users a graphical snapshot of the MI data. They cover: client data, opportunity data and usage of the system. Each dashboard is provided based on the user’s position within the hierarchy, and is tailored to their scope of view. The dashboards can be downloaded as PDF reports, for printing and sharing. |
Standard update, included for all Dynamic Planner Enterprise clients |
| Fact find & Financial planning | Improved fact find validation | The fact find now supports a powerful and flexible validation check. A new checklist has been introduced at the end of the fact find to provide details of any errors or omissions in the data capture. | Standard update, included for all Dynamic Planner Enterprise clients |
Following the November release, the Autumn round of improvements to Dynamic Planner are now complete. The table below provides some of the highlights of the new and improved functionality we have added to the application.
| Module | Feature / Improvement | Description | Availability |
|---|---|---|---|
| Client management | New client / opportunity wizards | The new client and opportunity wizards have been further enhanced to provide a much quicker process for adding clients / opportunities. New clients and opportunities can be added in as few as 2 screens. | Core Dynamic Planner (Enterprise) |
| Fact find | Restructured fact find | Fact find screens have been further enhanced to provide even quicker, more intuitive flows with the ability to minimise required data fields (configurable by client). | Core Dynamic Planner (Enterprise) |
| Workflow | Improved workflow | Adviser workflow has been further enhanced giving users a simple screen to select the next action to take. Based on user feedback, we’ve simplified the navigation and provided more guidance. | Core Dynamic Planner (Enterprise) |
| Financial planning | Pensions switching analysis |
The Pension Switching module is a new tool to help advisers with the complex tasks of assessing the suitability of switching a customer’s pension arrangements to a new contract. It produces a simple and intuitive dashboard highlighting if a contract may be suitable for transfer based on existing product features, reduction in yield and the hurdle rate required by the target pension to exceed the current pension. For pension advisers who want a robust, repeatable process for assessment of the suitability of moving client’s pension contracts, the Pension Switching module increases productivity and supports compliant advice by assessing key measures that are used to determine suitability for transfer of pension products. |
Available under separate licence |
| Formulate Advice | Split life / CI quotations | Assureweb integration further updated to allow for comparison quotations for policies with split benefit amounts. You can now quote and apply for these policies electronically without the need to refine the quote. | Core Dynamic Planner (Enterprise) |
| Formulate Advice | Platform valuations | The first round of platform integrations is complete and provides users with the ability to request valuations from the Ascentric platform. The valuations update the client data held in Dynamic Planner reducing the time needed within any opportunities or client reviews. | Core Dynamic Planner (Enterprise) |
| Report & Transact | Enhanced suitability letters | Updated standard suitability letters | Core Dynamic Planner (Enterprise) |
| Platform | Performance enhancements | Continuing our ongoing programme of performance and scalability enhancements for large databases. | Core Dynamic Planner (Enterprise and Classic) |
If you are interested in adding any of the above features or upgrading to the Enterprise version of Dynamic Planner, please contact us.
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