Product Management -Introductionmiplan.briefyourmarket.com/Documents/Downloads... · Product...

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Product Management -Introduction Combining asset management & financial planning : Product Management matches future income needs, to the key decision of how to best invest your assets that are made via different product vehicles : ( RA,LA, preservation, pension voluntary)

Transcript of Product Management -Introductionmiplan.briefyourmarket.com/Documents/Downloads... · Product...

Page 1: Product Management -Introductionmiplan.briefyourmarket.com/Documents/Downloads... · Product Management -Introduction Combining asset management & financial planning : Product Management

Product Management -Introduction

Combining asset management & financial planning :

Product Management matches future income

needs, to the key decision of how to best invest

your assets that are made via different product

vehicles : ( RA,LA, preservation, pension voluntary)

Page 2: Product Management -Introductionmiplan.briefyourmarket.com/Documents/Downloads... · Product Management -Introduction Combining asset management & financial planning : Product Management

Insert Client Details1

Step 2 : Rename Products

Under product management

design products Step 1: Select Client Details

Step 2: Insert details

Page 3: Product Management -Introductionmiplan.briefyourmarket.com/Documents/Downloads... · Product Management -Introduction Combining asset management & financial planning : Product Management

Select product type to be illustrated2

Step 2 : Rename Products

Under product management

design products

Step 2: Insert details Step 3: Select relevant product

Step 2: illustration add illustration

Step 1: Select Product Management

Page 4: Product Management -Introductionmiplan.briefyourmarket.com/Documents/Downloads... · Product Management -Introduction Combining asset management & financial planning : Product Management

Insert Investment , contributions fees and income3

Step 2 : Rename Products

Under product management

design products

Step 2: Insert details Step 3: Select relevant product

Ste

p 1

: Fill in

investm

ent, fe

es

and in

com

e

Note :Default illustration in real return

Age at which contributions stop and income commences .

Transition between saving and consumption

Note: different fees between lump sum

and debit orders.

Admin and commission : amount

deducted by redeeming units . If allshare

class used reflect fee under unit trust.

Contributions

Capital

Income

Page 5: Product Management -Introductionmiplan.briefyourmarket.com/Documents/Downloads... · Product Management -Introduction Combining asset management & financial planning : Product Management

Change income or contributions in future years4

Step 2 : Rename Products

Under product management

design products

Step 2: Insert details Step 3: Select relevant product

Click on income or contributions and override with lump sum or new contributions

+ -

to s

ho

w h

ide

inve

stm

en

t an

d fe

es c

olu

mn

Page 6: Product Management -Introductionmiplan.briefyourmarket.com/Documents/Downloads... · Product Management -Introduction Combining asset management & financial planning : Product Management

Investment selection : Max return fund ( overriding optimal

liability matching asset allocation process and reducing risk) 5a

MI PLAN liability

matching process

allocates the portfolio to

appropriate fund or

strategy i.e. CPI,3,5,7 &

Equity based on

investment time horizon.

The MI PLAN liability

matching process can

be overridden or

limited by selecting

the max return fund

limit at any level

CPI,3,5,7.

Note the portfolio will

be sub optimally

balanced but this may

still meet the client

objectives

Page 7: Product Management -Introductionmiplan.briefyourmarket.com/Documents/Downloads... · Product Management -Introduction Combining asset management & financial planning : Product Management

Viewing Current Asset/category/fund allocation 5b

Step 1 Click

Current Portfolio

Per asset class

based on

strategic

allocation.

% and rand

value for lump

sums and

contributions

Step 2 Click

view: Current

Category /asset

/fund breakdown

Page 8: Product Management -Introductionmiplan.briefyourmarket.com/Documents/Downloads... · Product Management -Introduction Combining asset management & financial planning : Product Management

`Nominal Representation – real inflated by inflation input6

Step 2 : Rename Products

Under product management

design products

Step 2: Insert details Step 3: Select relevant product

Planning a lifestyle should be done in today's value (real terms) but nominal allows one

to look at future money based on an inflation input ( this assumption is the limiting factor)

+ -

to s

ho

w h

ide

inve

stm

en

t an

d fe

es c

olu

mn

Step 1 Click Nominal illustration

Step 2 Insert inflation

rate ( defaults to latest) .

Suggestion ; To save printing out nominal figures enter inflation “0”

Page 9: Product Management -Introductionmiplan.briefyourmarket.com/Documents/Downloads... · Product Management -Introduction Combining asset management & financial planning : Product Management

Printing Product Report in English or Afrikaans7Step 2 Click

Illustration/Generate/English etc

Step 1 : Title each illustration :

right click on selected illustration

select / rename illustration

TIP: Produce several illustration options that client can select from

Step 3 Select which report from

illustration report list you want to

include

Page 10: Product Management -Introductionmiplan.briefyourmarket.com/Documents/Downloads... · Product Management -Introduction Combining asset management & financial planning : Product Management

Convert to investment the illustration chosen by client when

money is invested8

Step 1 :illustration/Convert to

investment ( or right click)

Step 2 : Enter policy number and

LISP . Inception date is NB date

of investment - can be

backdated up to one year.

Page 11: Product Management -Introductionmiplan.briefyourmarket.com/Documents/Downloads... · Product Management -Introduction Combining asset management & financial planning : Product Management

Other Product Management Training

Combining other Funds :Open Architecture

Investment Value Solver : Gap analysis how much

to save to achieve a specified goal

User Defined – representing a selecting of funds (NB

without risk management)

Review process : Reviewing the product in a years

time

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