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General advice on IFAs - any alternative?
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What also surprises me is that the IFA’s I have met seem to use paper and a calculator to show examples – I have modelled my retirement in a series of spreadsheets finding it much easier to do ‘what if’ scenarios. Surely it I possible to develop software where the IFA or better the client feeds in their personal details and out pops a range of options.
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There is very sophisticated software out there that does exactly what your looking for.
A growing number of IFAs are using it, however given the cost I think numbers are still fairly thin on the ground. Many so called "New Model Advisers" use the system
This link might help
http://www.truthaboutmoney.co.uk/public.htm0
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