This step-by-step summary explains how to produce a ‘what if’ projection (if you wish to illustrate the potential effects of making a change to an investment) or a ‘no change’ projection (if you wish to produce a projection based on the details of an investment staying the same).
What you’ll need to get started
- Details of the client’s investment you wish to produce a projection for (it must already be set up on the platform).
- Details of the ‘what if’ or ‘no change’ projection you wish to produce. Using the ‘what if’ function, you can illustrate the potential effects of changes such as:
- changing the client’s details
- editing payments and fees
- altering the asset selection for future regular contributions
- making a single withdrawal
- adding regular withdrawals
- making an ad hoc charge.
Producing a ‘What if’ projection
① From the homepage, search for the relevant client.
② Select the relevant account from the client’s dashboard.
③ From the account dashboard screen, click the ‘Projection’ button.
④ From the illustrations options, select the ‘What if projection’ button.
- From the list, tick the changes you want to be included in the illustration e.g. edit payment and fees, add one off withdrawal etc.
- Click ‘Next’
⑤ The next screen will show the assumed value of the client’s holding. You can update this if required (e.g. if you are aware of any pending investments) by selecting ‘Yes’ and entering the new figure.
⑥ Enter details of any potential changes you want to be reflected in the projection on the next set of screens. Once you’ve finished making the changes you want, click 'Next’ to produce your projection.
⑦ Your ‘What if’ illustration will appear on the next page. You can use the ‘+’ buttons next to the section names to view the information you’ve entered.
⑧ Click on the ‘View client dashboard’ button. You will then be given the option to save the projection to the document library on your client’s account dashboard if you wish.
Producing a ‘no change’ illustration
① From the homepage, search for the relevant client.
② Select the relevant account from the client’s dashboard.
③ From the client dashboard screen, click the ‘Projection’ button.
④ From the illustrations options, select the ‘No change’ button.
⑤ Your ‘no change’ projection will be saved and available for you to access in the ‘Documents’ tab at the bottom of the ‘Account dashboard’.