FreshPlan Overview

FreshPlan Features

  • Online app that provides 24/7 access from any device to basic planning tools for advisors of all levels.

 

  • Calculate, educate and create reports  on all financial topics in minutes instead of hours using visual calculators and infographics that clients will understand.
    • Financial
    • Debt
    • Investing
    • Retirement
    • Tax
    • Insurance
    • Estate
    • Education

 

  • Currently being used by two of Canada’s top 10 credit unions and a top national investment dealer.

 

  • Visual, intuitive and easy to to learn.
    • Create beautiful, visual PDF reports with the click of several buttons.
    • Use Favourites, Search and Reports to find and organize tools (calculators, infographics)
    • Create individual client files to save your data entries and reports.
    • Create and save multiple scenarios for your calculations.

 

  • 80/20 Rule:
    • FreshPlan provides planning tools for 80% of client planning situations.
    • Exceptions include corporate buy/sell, complex estate plans (charitable foundations) and complex tax planning.

 

  • Suite of calculators and infographics provide users with simple, powerful tools to address member financial issues and questions such as:
    • This is a partial list . . .
    • What is the CERB benefit and how do I get it?
    • What is the CEWS benefit and how does my business get it?
    • What tax deductions and credits are available when I file my tax return?
    • Where do I stand right now financially? (Cash Flow, Net Worth, Investor Profile)
    • I have a financial goal, how do I reach it?
    • How does a Construction Mortgage work?
    • How much I can withdraw from my RRSP for a down payment?
    • How will consolidating my debt help lower my interest costs?
    • How much interest can I save if I increase my mortgage payment?
    • I’m retired – how long will by RRIF or LIF last?
    • What if I use my younger spouse’s age to make minimum RRIF withdrawals?
    • Will I have enough to retire?
    • Should I take my CPP now or later?
    • How will making a withdrawal from my RRSP now affect my retirement fund?
    • How much can I contribute to my RRSP and what will my tax savings be?
    • If we withdraw funds from a spousal RRSP, who pays the tax on it?
    • How much tax will be withheld on the withdrawal?
    • Does it matter if earn interest, dividends or capital gains on my mutual funds?
    • How much taxes will be owed on my mother’s RRIF when she dies?
    • Do I have enough insurance? Life, Disability, Critical Illness
    • Why do I need a will, power of attorney for finances and power of attorney for health?
    • How much will it cost to send my kids to university in 15 years?
    • How much of a difference does the CESG make to an RESP?