In this training, we will walk you through how to set up plan settings and portfolios that are available to everyone in your subscription.
Transcript
I’ll be walking you through how to set up subscription preferences so that everyone in your subscription is using the same settings and staying in compliance for all of their plans.
If you are the subscription owner or manager, you’ll see these options by default. If you’re not, your subscription owner or manager can give you permissions by contacting support at planwithvoyant.com.
Let’s get started.
From the homepage, click Launch AdviserGo. Once it opens, you’ll see the Configuration option above your client list. Click on Configuration, and from here you’ll see several options.
We’re going to focus on Subscription Preferences, where you can set up your firm-wide defaults for things like inflation rates, savings growth, investment growth, and more. The exact settings will vary depending on the region of software you’re using. For today’s training, I’m using the Canadian version, so you’ll see items like CPP and QPP COLA rates.
Keep in mind, the defaults provided by Voyant are not recommendations. They are simply placeholders to demonstrate the software’s functionality. We strongly encourage firms to review these settings, update them with justifiable and defendable figures, and use them as general benchmarks. You can still make plan-specific adjustments later as needed.
Within Subscription Preferences, you can:
Adjust defaults like mortality age (for example, setting 95 or 100).
Decide how long to keep children in the plan (e.g., until age 25).
Update fees and taxation defaults.
Input a default fee schedule.
Load a default asset allocation.
Configure major loss settings to stress test plans—for example, modeling a 5-year market downturn beginning at age 65, with recovery assumptions built in.
Review the liquidation order for retirement withdrawals.
Adjust calculation settings, such as optimizing pension splitting, applying CPP sharing, or deciding whether to automatically save all surplus income (our default setting leaves that off).
Once you’ve made your updates, click Save and Continue.
If you want to add model portfolios, click the plus button in the bottom right corner. You’ll see market assumptions listed here. Give your portfolio a name—perhaps Moderate Phased Retirement Portfolio—and set your asset allocation (for example: 2% cash, 20% fixed income, 25% domestic equities, 30% international equities, etc.). Once you’re satisfied, click Done to save. That portfolio will now be available as a selectable option whenever you assign an asset allocation in a client plan.
After saving your subscription preferences, return to your client list. You’ll see a yellow banner at the top of each plan indicating that settings are out of date. Simply click Refresh to pull in the new defaults.
When you revisit plan settings or asset allocation, you’ll see all the updates reflected, including the model portfolios you created.
I hope you found this walkthrough helpful.
If you have any questions, click on your client name in the top-right corner, open the drop-down menu, and select Request Support. From there, you can type your question, share client access, and our support team will be happy to help.