Investments, Manual Revaluation

For automatic on-line valuations see “On-line, Revaluations”. Otherwise to get an accurate manual valuation you must know the…

• Current total number of units
• Value of all dividends, income or partial sales made to date (but not necessarily the number of units involved)
• Current bid price of the funds used, available via a data-feed service for investment fund prices

For each investment you will have to check and edit the current unit holdings and income taken. See “Investments, Updating (Before Valuation)”. Once this has been done, to revalue one or all of your clients’ portfolios, starting from the scrolling list of policies…

• Click the “Signpost” button
• Click the menu option for “Life”
• Click the menu option for “Revalue WITHOUT contract enquiry”
• Then on the “Policy Revaluation” dialogue, as illustrated below, choose…
• Whether to revalue a single client or all clients
• If a single client is chosen you can then opt to revalue a single policy
• Edit the valuation date
• Tick the types of contracts to be re-valued (i.e. those with funds, those without, and ones like bank accounts)
• Next select whether to use prices from Financial Express or as entered manually in the contract
• Finally say whether previous on-line valuations should be over-ridden
• Click “Revalue”

During the revaluation process, as shown below, enter the latest price and the date of that price for each fund then click the “Confirm” button. You may alternatively click the “Skip” button to leave the current fund unchanged.

If you’re re-starting a valuation that you’d previously partially completed, click the tick-box entitled “Do not prompt for prices on or after this date”, in which case the system will automatically skip all those funds for which you’d already entered the price.