PrimeSolve provides access to a broad range of data, which is used throughout the advice generation process.
| PrimeSolve admin | Features | Relevance |
|---|---|---|
| Aged care data | List of every aged care facility in Australia. Comparison information includes items such as price, facility, features & availability. | This allows advisers to model the cost of aged care and recommend facilities that meet their objectives |
| Alternative investments | Market options for alternative investments such as Protected Equity options & Investment Bond solutions. | Advisers can use real market data as opposed to an arbitrary generic assumption. |
| Annuity options | Default annuity options are loaded within the model. | Advisers can use real market data within the optimisation model as opposed to an arbitrary generic assumption. |
| Child care data | List of child care facilities in Australia. Comparison information such as price, rating & availability. | This information can be used to help clients compare facilities and model the expected cost associated with child care. |
| Common tables | List of all relevant legislated considerations, including Centrelink, Tax, Superannuation rates etc. | All legislative changes can be updated instantly ensuring that all strategy recommendations across all adviser groups are based on relevant up to date legislation. |
| Economic stress test settings | Record of prior market returns per asset class under a range of economic events. Results are available under mild, moderate & extreme historical examples | This allows users to stress test how their susceptible their portfolio is to uncertain economic events. |
| Insurance data | Policy comparison information is available across over 11 insurance types. | This information can be used by advisers to provide policy recommendations. |
| Loan options | We upload a range of available loans in the marketplace. Loan types include property loans, margin loans, reverse mortgages & SMSF loans. | Advisers can use real market data within the optimisation model as opposed to an arbitrary generic assumption. This can generate key recommendation ideas around refinancing, use of offset/line of credit loans, and building a geared investment portfolio. |
| Property options | PrimeSolve provides data at a suburb level. Data provided includes rental yields, projected growth rates etc. | Although many advisers are unable to offer direct property recommendations under their licence, introduction of property data will allow advisers to at least model how a particular property purchase would look in context of their overall financial plan. |
| Public comparison data | We use publicly available ABS data on household income and expense trends. | This data can be used by advisers to help educate clients on how they compare to peers. This can help facilitate key focus areas around spending and investment. |
| Superannuation comparison data | Data feeds made available from external provider RiceWarner across 500+ superannuation & pension products. | This data can be used by advisers to compare superannuation & pension products. |
| Managed funds and direct equities | PrimeSolve database has access to over 20,000 managed funds as well as major listed equity markets. Data is provided by Thomson Reuters. | This allows advisers to build investment strategies that meet any specified investment mandate. |
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