COIN releases scaled advice upgrade

by |

Following its acquisition of Provisio, Rubik has released the latest version of COIN, with a focus on scaled advice.

COIN 4.2 aims to meet all advisers’ FoFA demands and includes enhanced fee disclosure offerings.

“The aim is to make FOFA as painless as possible for advisers,” says Rubik Financial managing director Wealth, Wayne Wilson. “There is greater flexibility around package arrangements, the ability to record a history of fee disclosures and enhancements to the layout.”

Wilson said the aim was to provide advisers with a comprehensive toolkit for both comprehensive and scaled advice enquiries. “COIN has built its reputation in comprehensive advice and Provisio is regarded as the best software for scaled advice, so it’s the perfect marriage.

“Advisers using COIN can now easily cater for scaled advice requests with the ability to generate a statement of advice in minutes.”

Provisio’s optimized advice will cover Retirement Adequacy, Super Comparison, Transition to Retirement, Contributions Optimiser, Investment Choice (within super) and Insurance.

Rubik completed its acquisition of Provisio Technologies in June 2013, saying the acquisition “…marked an important milestone in in Rubik’s evolution”.

More stories:

Advisers finally get retirement solutions

Solutions for retiree clients in a DC world

Lisa Claes: Advisers need to innovate