Provisio

 Website: http://www.provisio.net.au

Provisio is the first suite of financial advice tools which truly use the power of the Internet to make the process of providing and implementing financial advice easy. As well as traditional modelling and client management tools, Provisio allows you easily draw on research information, communicate with 3rd parties and ensure you always have the most up-to-date tools at your fingertips.

While other tools focus heavily on providing tools for advisers, we take the approach of understanding what your clients want and providing advisers with the tools which meet their needs.

Transition to Retirement

The initial release of Provisio provides an easy-to-use means of modelling the Transition to Retirement strategy for your clients.

Compared to other Transition to Retirement "calculators", Provisio offers the following features which place it well ahead of any alternative solutions:

• Optimises the strategy for you, automatically determining both the level of pension and the amount to Salary Sacrifice to ensure the maximum benefit for your client
• Provide a year-by-year implementation guide, including information for any required PAYG variations.
• Creates a Statement of Advice insert using Microsoft Word
• Allows the modelling of a "reboot" strategy where pensions are restarted each year
• Existing levels of salary sacrifice in addition to the standard 9%
• Part-year scenarios so Pensions do not Need to start on July 1
• Control over most of the the assumptions behind the calculations