Scaled advice
Advice groups can use the PrimeSolve template system to design their own scaled advice strategies. Alternatively, they can select from the default range below.
The range of scaled advice topics is highlighted below.
| Strategy | Description |
|---|---|
| Adequacy | •Determines whether a client is on track to meet desired retired outcome. |
| Contributions | •Optimises contribution strategy to superannuation. |
| Insurance | •Determines adequate insurance needs. |
| Transition to Retirement | •Optimises benefit of commencing or ceasing a Transition to Retirement strategy. |
| Sequence Risk | •Monte Carlo simulation to determine probability of equity lasting through retirement. |
| Portfolio optimisation | •Optimises portfolio recommendations using either factor approach, Black Litterman model or portfolio score. |
| Debt Reduction v Super | •Optimises whether to allocate spare cash flow to super or debt or a combination of both. |
| Gearing v Super | •Compares new gearing investment v additional superannuation contributions. |
| Retirement Age v Return | •Explores trade-off between seeking a higher investment return and retirement age. |
| Defined Super Benefits | •Models which defined benefit provides the superior outcome. |
| Centrelink | •Optimises Centrelink benefit after considering re-contribution strategies, bequeath objectives and legacy pension rules. |
| Home equity release v Downsizing | •Compares downsizing v releasing equity from your home. |
| Optimal Gearing Level | •Optimises the leverage ratio that gives the highest probability of meeting a required goal. |
| Property | •Models key property strategy concepts such as offset accounts & principal residence v investment property & |
| Aged Care | •Optimises appropriate aged care strategy after taking into consideration relevant payments, principal residence and Centrelink impact. |
| Active v Passive Management | •Monte Carlo simulation is used to compare adopting an active v passive investment approach. |
| Capital Gains Minimisation | •Optimises sell down/rebalancing strategy by minimising tax payable over a given period. |
| Child Care | •Optimises a return to work strategy. Finds facility with current availability. |
| Insurance products | •Leverages RiceWarner’s galaxy engine to compare and recommend appropriate insurance products. |
| Health Checks | •Pre-retirement health check looks at key financial ratios to determine financial health. Post-retirement considers how clients are coping with life post retirement and provides |
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