Using The Projections Workspace

Using the Projections Workspace in Filey, you can map out your clients’ financial projections and have the scenario rendered back into the SOA.

Step 1: Create New Scenario

From the client profile, select Projections in the left menu, and click the + icon to create a new scenario

Give your new scenario a name, and click ‘Create Scenario’

Step 2: Import or Upload Fact Find

Click ‘Import Fact Find’ to pull through your Fact Find data into the Projections Workspace.
Alternatively, you can upload the client fact find and Finley will populate the projections workspace from the fact find data.

‘Once the data is imported, click ‘Run Projections Model’

Step 3: Configure Scenario Variables

By Default, the projection Workspace will create a ‘Current Situation’ scenario.

Using the ‘Scenario Inputs’, you can configure your scenario variables to map out your client’s current financial situation, before creating any recommended scenarios.

Step 4: Review The Projections

You can review the projection tables of your clients personal cashflow, taxation, assets and liabilities, super and pensions. You can also preview the charts using the Table/Bar Charts toggle.

Step 5: Creating A New Scenario

Once your client’s current situation is correctly configured, you can create a new scenario by clicking ‘Copy to new scenario’ in the left menu.

Give your new scenario a name e.g. Retirement Planning

Step 6: Configuring Your New Scenario

Update assets, add an asset, sell an asset, add or drawdown on a loan and make lump sum repayments

Add super contribution strategies or rollover to pension

Step 7: Pull Your Scenario Into Your SOA

Once you have finished building your projections, you can pull your scenario back into your SOA using the Projections card.

Select the scenario form the dropdown to pull the cashflow table and assets and liabilioties chart int your SOA. Other supporting tables and charts will be populated into the appendix.

Exporting To Excel

You can export your scenario to excel and retain for supporting documentation in your file.