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
Private Client Corporate Client Trustee Client	Client Library Write / View Report	You can now write reports for corporate and trustee clients.
Change to UI	Client Library Write / View Report	The layout of these pages has been changed to accommodate the above.
You can now add and save further client background information in the client library.	Client Library - Add / Edit Client	Each time you write a report for a client, the text in this box will be copied down into the text box included within the Client Background step of the Introduction Section where you'll be able to edit it for that report.
Annual Review Report	Write Report	You can now write shortened annual review reports as well as suitability reports. Click here to see how.
Font Types	Report Theme	We've added a number of new font types. If there's any others you'd like added, drop us a message and we'll get on it straight away.
Investment Strategy Table	Investment Review Pension Review Investment Strategy	All columns within this table are now intelligent - empty fields will not be included within a report.
Added / Edited Providers	Provider Library	We've added National Savings and Investments, and updated Scottish Life to Royal London to reflect their recent rebrand.
Text Editor	Know Your Client Info Snippet Editor Provider Description	This is now compatible with Internet Explorer 8 and above. Please remember to use the Paste as Plain Text function when pasting text into the text editor. Click here for more info.
Hints & Tips	Page Help Icon	We've updated a number of the page helps.
Basic Freeflow Text Box	Client Info Add Advice Option & Reason	Bug fix: If you paste a " or ' character into a text box it will no longer come out as a ? in the report.
Improved Performance	Create Report Client Objectives step - Introduction Section	We've made some changes which have improved response times around these areas. Further improvements will be implemented over the coming weeks.

Wizard

Section	Step(s)	Update / Enhancement
Introduction	Client Objectives	We've added 5 new objectives at the bottom to cover: Executive Income Protection Key Person Term Assurance Protection Key Person Income Protection Shareholder Protection Partnership Protection
Introduction	Existing Provision	Only those sub headings where text has been entered will be included within the report.
Pension Review	Plan Summary	We've added the following to the product drop down menu: SSAS
Protection Review	Plan Summary	We've added the following fields: Policy Holder Basis of Claim Payment Frequency
Protection Review	Plan Summary	We've added the following to the product drop down menu: Executive Income Protection Key Person Term Assurance Key Person Income Protection Partnership Protection Plan Shareholder Protection Plan
Pension Benefits Recommendation	Plan Summary	We've added the following to the product drop down menu: RATS
Investment Recommendation	Plan Summary	We've added the following to the product drop down menu: NS Pensioner Bonds
Investment Recommendation	Why Product	We've added some new advice reasons which can be used with trustee investments.
Protection Recommendation	Plan Summary	We've added the following fields: Payment Frequency
Protection Recommendation	Plan Summary	We've added the following to the product drop down menu: Executive Income Protection Key Person Term Assurance Key Person Income Protection Partnership Protection Plan Shareholder Protection Plan
Protection Recommendation	Plan Features - Life Policies	We've added the following field: Terminal Illness Cover
Protection Recommendation	Trusts	We've added the following options to the trust drop down menu: Discretionary Trust Recommended Absolute Trust Recommended Business Trust Recommended Relevant Life Trust Recommended No Trust Recommended No Trust Required
Important Information	Adviser Remuneration	1. We've added Review to the Type of Advice drop down menu. 2. You can now select a different Method of Remuneration for initial and annual remuneration. 3. We've updated the options within the Method of Remuneration drop down menu. 4. We've made this table "intelligent". If you do not include information in a field that column wont be displayed in your report.

Report Template Text

Section	Snippet	Update / Enhancement
Report Title Page	Title Page (Review Report)	We've created a new title page for review reports.
Introduction	Title & Opening (Suitability Report)	We've made some minor changes to the wording.
Introduction	Title & Opening (Review Report)	We've created a new introduction for review reports.
Introduction	Client Background	We've made some minor changes to the wording.
Introduction	Objectives (Limited Advice - Review Report)	We've created a new snippet for review reports.
Introduction	Existing Provision	This is now a sub heading within the Introduction Section rather than a standalone section. Sorry but any custom changes you've made to the previous Existing Provision snippet wont be copied across.
Protection Recommendation	Trusts	We've made some minor changes to the wording.
Important Information	Service & Reviews (Review Report)	We've created a new snippet for review reports.
Important Information	Supporting Info	We've made some minor changes to the wording.
Important Information	Contingency & Affordability (Corporate Client)	We've created a new snippet for corporate reports.
Appendix - Product Information	Relevant Life Policy	We've updated the wording.
Risk Warnings	Key Person Term Assurance Shareholder / Partnership Protection Key Person Income Protection Executive Income Protection	We've added new snippets.
Client Declaration	Client Sign off (Corporate and Trust)	We've created a new snippet for corporate and trust reports which caters for multiple signatories.
Appendix - Product Information	NS Pensioner Bonds	This new snippet will be automatically included when this product type is selected in the Investment Recommendation section.
Appendix - Product Information	Key Person Income Protection	This new snippet will be automatically included when this product type is selected in the Protection Recommendation section.
Appendix - Product Information	Executive Income Protection	This new snippet will be automatically included when this product type is selected in the Protection Recommendation section.
Appendix - Product Information	Key Person Term Assurance	This new snippet will be automatically included when this product type is selected in the Protection Recommendation section.
Appendix - Product Information	Partnership Protection	This new snippet will be automatically included when this product type is selected in the Protection Recommendation section.
Appendix - Product Information	Shareholder Protection	This new snippet will be automatically included when this product type is selected in the Protection Recommendation section.
Appendix - Product Information	Collective Investments Collective Investment Taxation (Private Client) Collective Investment Taxation (Trust Client) General Investment Account General Investment Account Taxation (Private Client) General Investment Account Taxation (Trust Client) Offshore Investment Bond Offshore Investment Bond Taxation (Private Client) Offshore Investment Bond Taxation (Trust Client) Onshore Investment Bond Onshore Investment Bond Taxation (Private Client) Onshore Investment Bond Taxation (Trust Client)	We've updated these snippets and added some new ones to accommodate trustee investment recommendations.
Appendix - Glossary of Terms	Protection Products	We've updated this 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.

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