Describing the tool as a “first-to-market solution”, Zurich said its ZIO Online Portfolio Management tool is designed to respond to growing customer demand for transparency, agility and digital capability.
Reena Vivek, chief operating officer at Zurich International Life, said: “With the Online Portfolio Management facility, [customers] are empowered to have better-informed discussions with their financial advisers and manage their investments online with ease.
“With this new functionality, customers can keep up-to-date with their investments and be empowered to actively manage where their money is being invested to ensure their investments are on track.”
How it works
Clients can review their portfolio and performance with their advisers via smartphone and tablet.
If any changes are needed, the IFA can log on to the ZIO portal and request the switch. Within 72 hours, the client(s) will receive a text message and email to authorise the change.
Once authorised, Zurich will process the changes and send confirmation emails to both the client and the adviser.
