Asset Allocation benchmark tool

The Asset Allocation (AA) benchmark tool allows you to create your own AA benchmark on your client’s account in Adviser Online, making it easy to analyse the movement in their portfolio’s asset allocation against this benchmark. The AA benchmark you’ve formulated can be used to help with discussions with your client.  

The AA benchmark tool is available for all accounts in Insignia Financial Investment, Super, Allocated Pension and Term Allocated Pension products. 

AA benchmarking is available by ‘asset class’ but not at the ‘GICS’ level.

The AA benchmark tool is available in Adviser Online in Account Overview under the Asset Allocation section.

The AA benchmark tool will appear in the following sections in Adviser Online:

• The strategic Adviser Online reporting suite (Account Overview and Asset Allocation Override print view)
• As dual pie charts and an additional table with a second option (bar chart) to show the comparison and variance.

Asset allocation benchmarks will also appear in the following reports:  

• Asset Allocation report 
• Detailed Asset Allocation report  
• Portfolio Snapshot report.

It won’t appear in the Portfolio Review Report (PRR). It also isn’t available for your clients when they log in via the client portal.

We’ll automatically carry across any AA benchmarking previously set up in Wrap Online to Adviser Online.

To turn the AA benchmark tool on:

1. Log in to Adviser Online
2. Under the Clients tab in the side navigation, select Accounts
3. Enter the account number you want to set up the Asset Allocation Benchmark tool for
4. Once you’ve confirmed the account, select Account Overview
5. Under the Asset Allocation section, select the Amend asset allocation benchmark button
6. Enter your benchmark in the Proposed benchmark column, ensuring that the benchmark totals 100%
7. Select the Review button
8. Select the Submit button
9. Select the View in account overview button to see your client’s asset allocation and benchmark comparison.

To turn the AA benchmark tool off:

1. Log in to Adviser Online
2. Under the Clients tab in the side navigation, select Accounts
3. Enter the account number you want to switch off the Asset Allocation Benchmark tool for
4. Once you’ve confirmed the account, select Account Overview
5. Under the Asset Allocation section, select the remove benchmark link
6. Select the Remove button in the popup window to confirm that you want to switch off the AA benchmark tool.