As well as assessing a client's willingness to take risk i.e. their attitude to risk, it is also important to consider their need and ability to take risk i.e. their capacity for loss.

When building a Suitability Report, Review Report 2.0 or Top-up / Bed & ISA Report in Genovo, you are prompted to confirm the client's capacity for loss in the Capacity for Loss step of the Client Risk Profile section. To aid your understanding of the kind of wording that's required here, Genovo comes preloaded with a number of standard options to choose from e.g.


"We have used cashflow modelling to stress test your ability to withstand any market falls by modelling different outcomes for investment returns alongside your income and planned expenditure and agreed that *INSERT*."

However, in all likelihood you will want to use your own custom wording to reflect your own risk profiling process.

How to add a custom capacity for loss advice option?

You can add custom advice option(s) to this step in the usual way. This article explains how.

How to share a custom capacity for loss advice option?

Once you've added a custom advice option you can then, depending on your role, share it with your team

How to hide a standard Genovo capacity for loss advice option?

Having added your custom option(s), you will probably want to hide the standard Genovo advice options so they don't appear in the step when you (and your other account users) are building a report. 

How do I customise the surrounding wording in my reports?

Capacity for Loss is dealt with within the Client Risk Profile section within Genovo. The options you select in the Capacity for Loss step will be rendered as bullet points within the {IS_CFLText} tag.

This tag is located in the ATR & Capacity for Loss snippet (Suitability Report) and the Review of Capacity for Loss snippet (Review Report 2.0 and Top-up / Bed & ISA report) of the Client Risk Profile section. 

You can edit the boilerplate content of these snippets via the Report Content Manager.