Genovo Updates and Enhancements
Team Genovo
Here’s a summary of the updates and enhancements we’ve applied to the Genovo suitability report app.
App
Feature | Module | Update / Enhancement |
---|---|---|
Report Styles | Report Theme Learn more about report themes here. | You can now add a bottom border to any of the heading styles and change the alignment of any text in your reports. Click here to see how your report could look. |
Appendix Page Header Text | Report Theme | This is now a separate style. |
Providers | Provider Library | We've reviewed and updated all of the provider descriptions, and added the following providers: Alliance Trust Savings Close Brothers Asset Management Ingenious Octopus Investments Primetime Retirement Time Investments Vitality Life Wealthtime |
Attitude to Risk Profiles | ATR Profiles | We've added the Caerus and eValue ATR profiles and updated the Dynamic Planner descriptions. If there's any others you'd like us to add, drop us a message. |
Add / Edit Client Details | Client Library Write / View Report | We've added a new field: Monthly Gross Income (£) |
Add / Edit Client Details | Client Library Write / View Report | This table is now "intelligent". If no information is included within a field, that field wont be included within the report. |
Snippet Editor | Report Content Manager | We've fixed a bug which prevented coloured text being displayed correctly in the snippet view. |
Spell Checker & Proofing Language | Word Report | The inbuilt spell checker within Word will be automatically activated when you download your report, and the proofing language is now set to English (UK). |
Report Builder | Appendix - Attitude to Risk Profiles | If the Investment Strategy section isn't included within the Report Builder, the Summary of ATR Profiles section will be automatically taken out of your report. |
Sample Reports | Write / view reports | We've updated the sample reports. Learn how to refresh the sample reports within your account. |
Header & Footer Text | Downloaded Report | We've reduced the font size. |
Wizard
Section(s) | Step(s) | Update / Enhancement |
---|---|---|
Introduction | Knowledge & Experience | We appreciate you may not want to include this in all of your reports so we've added the option "Do not include any reference to knowledge & experience in this report." |
Review of Existing Investments | Plan Summary | We've added the following product types: Business Property Relief IHT Scheme BPR IHT Scheme ISA EIS VCT |
Review of Existing Investments | Recommended Action | We've added some new recommended actions: Unit class conversion Partially encash Partially encash and reinvest Bed and ISA Draw an income |
Review of Existing Pensions Review of Existing Retirement Income Plans | Recommended Action | We've added a new recommended action: Unit class conversion |
Review of Existing Investments Review of Existing Pensions Review of Existing Retirement Income Plans Pension Benefits Recommendation | Disadvantages | We've added some new advice reasons. |
Review of Existing Investments Review of Existing Pensions Review of Existing Retirement Income Plans | Reduction in Yield | We understand that not everyone wants to include a RIY comparison in their reports therefore we've made this step "intelligent". Simply skip this step and no reference to RIY will be included in your report. To see how to include a comparison of projected fund values within your reports click here. |
Investment Recommendation | Plan Summary | We've added the following product types: Business Property Relief IHT Scheme BPR IHT Scheme ISA Thanks to Natalie & Deborah @ HJP IFA and Sarah @ ProParaPlan for their input on this. |
Investment Strategy | Attitude to Risk | We've made some significant enhancements to this step. You can now: 1. Add multiple ATR records for a client. 2. Select different ATR profiles for different objectives / areas of advice. 3. Select which set of ATR profiles to use on a report-by-report basis. You'll find more info here. |
Investment Strategy | Why Investment Strategy | We've added some advice reasons for use with BPR IHT Schemes |
Report Template Text
Section | Snippet | Update / Enhancement |
---|---|---|
Pension Benefits Recommendation | Expression of Wish | This is a new snippet. |
Risk Warnings | Pension Rec.s Drawdown | We've updated these snippets. |
Risk Warnings | Unit Class Conversion BPR IHT Scheme | These are new snippets. |
Appendix - Product Information | BPR IHT Scheme | This is a new snippet. |
Please remember the changes we make to the report template will only take effect in your reports automatically if the Genovo version of the snippet is selected as active in your Report Content Manager (it is by default). For more information about the Report Content Manager and updating of snippets check out our knowledge base.
Let us know what you think
If you’ve got any suggestions – no matter how big or small – as to how we can improve Genovo or there’s a new feature you’d like to see added, we’d love to hear from you. Send us a message with your thoughts and we promise we’ll get back to you.