Product Comparison

Overview

• Compare existing, recommended and three alternative products
• Create Hypothetical platforms with investment portfolios to provide a faster way to compare platforms before making a recommendation, and populate reports demonstrating like for like research
• Selecting products to include in comparison will no longer impact the products shown in the Total Portfolio Analysis (TPA)

• Super Products

• Pension Products

• Super (Rollover) to Pension Products

• Investment Products

Fees and Settings / Strategic Asset Allocation 

The Fees and Settings page allows users to configure the fee structure and calculation settings for an investment option. This ensures that projections, comparisons, and advice outputs accurately reflect the costs associated with the investment.

Investment Related Fees

Use this section to define the ongoing costs associated with the investment:

• Investment Fee (% p.a.) – Enter the annual management fee for the investment.

• Trail Rebate (% p.a.) – Specify any rebate applied to reduce the overall fee.

• Net Investment Fee (% p.a.) – Automatically calculated based on the investment fee and any applicable rebate.

Commission

• Commission (% p.a.) – Record any commission applicable to the investment. This will be factored into overall cost calculations where relevant.

Buy/Sell Spreads

This section captures transaction-related costs:

• Buy Spread (% p.a.) – The cost applied when entering the investment.

• Sell Spread (% p.a.) – The cost applied when exiting the investment.

Settings

Configure how fees and data behave within the system:

• Exclude Sell Spread – Enable this option to exclude the sell spread from net amount calculations used in ongoing projections.

• Sync with Research Data – When selected, the system will automatically synchronise investment options, fees, and asset allocations with available research data and platform defaults. Updates are applied overnight.

Saving Changes

• Click Save to apply any updates made on this page.

• Click Cancel to discard changes.

Strategic Asset Allocation Page – Overview and Purpose

The Strategic Asset Allocation page provides a visual and numerical breakdown of an investment option’s asset allocation. It allows users to compare the actual allocation of assets against a target (balanced) allocation, helping ensure alignment with the selected investment strategy and risk profile.

Actual Asset Allocation (Chart View)

• The pie chart displays the current (actual) asset allocation across different asset classes.

• Asset classes typically include:

  • Australian Shares

  • International Shares

  • Property

  • Australian Fixed Interest

  • International Fixed Interest

  • Cash

  • Alternative Income

  • Alternative Growth

• Each segment represents the percentage allocation to that asset class.

• Use the arrows (if available) to navigate through different views or scenarios.

Asset Allocation Table

The table below the chart provides a detailed comparison across three key rows:

• Actual Allocation

  Displays the current percentage allocation for each asset class.

• Balanced

  Represents the target or benchmark allocation based on the selected strategy or risk profile.

• Difference

  Shows the variance between the actual and target allocations:

  • Positive values indicate the portfolio is overweight in that asset class.

  • Negative values indicate the portfolio is underweight.

Adding alternative scenarios

You can store and analyse up to three different alternative scenarios. To do this, click on the Alternatives button and select how many scenarios users would like to analyse.

 

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  The green columns represent the alternative scenarios.

  Syncing Allocations

  If you are recommending multiple platforms, you can also use the sync button to allocate the platform balances to the required recommended platforms.

  

  There are a few actions that can be used to allocate balances across a recommended platform:

  • Split based on scenario platform ratios
  • Split evenly across platforms
  • Split manually

  This screenshot shows how you can allocate the invested balance on a percentage basis across the platforms.

  

The Comparison Details page includes the following components:

• A listing of all of the existing, recommended and alternative platforms
• Functionality displaying all investments along with the ability to edit all  options (access to portfolio builder) by clicking on the three dots icon next to the platform
• The Functionality menu (three dots) is not displayed by default. To reveal this option, first click the three horizontal lines located at the top of the screen. Once selected, the Functionality menu (three dots) will become visible

• Functionality to edit income and growth through risk profile button on each existing, recommended, and alternative products

• Existing vs recommended projections, based on fees, strategy and risk profile
• MFI (Midwinter Fee Index) or average fee, which provides an indicative comparison fee regardless of the fee structures used by the platform
• A platform by platform investment value projection
• Functionality to display the projections in the present or future value
• A table showing a breakdown of the year on year projections 
• Ability to change the projection end date

Best Interest

• The same starting balance
• Transaction fees from disposing of all existing platforms
• How fees act with the change in portfolio value over time 
• Cost of acquiring the compared platform
• Balance projection based on the same risk profile and contribution strategy inputs (determined by the select platform for strategy & risk profile drop down field).
• Features that are important to the client and their needs
• Projected balance at the end of the period

 

 

 

Features

• Manual selection by clicking on each specific feature(s)
• Turn on all features
• Use preset feature list

1. 1. 1. For preset feature list, this will need to be setup beforehand under portfolio book / configuration / preset features