The Recommended Investment Strategy step in the Recommended Investment Strategy section allows you to create one or multiple investment strategies for the plan(s) you have included within your report. You may be recommending one over-arching investment strategy for a number of plans held on a wrap / platform, or a number of different investment strategies for each plan, client or advice area - this is all achievable within Genovo.


However, until now there has only been one Why Investment Strategy step. So when multiple investment strategies are included and there are different reasons as to why each investment strategy is being recommended you've had to edit the wording of each advice reason to make it clear to which investment strategy it relates. But no more! When recommending multiple investment strategies, it is now possible to provide distinct and separate reasons as to why each investment strategy has been recommended. So what exactly has changed?


Creating an investment strategy in the Recommended Investment Strategy step


The process of creating an investment strategy remains much the same. However, having created an investment strategy you'll now notice a new select why investment strategy link to the right of each investment strategy. 



On clicking this link you'll be directed to the original list of why investment strategy advice reasons where you can select any options relevant to that specific investment strategy. Clearly, if you are recommending multiple investment strategies you will need to repeat this process for each investment strategy.


Points to note


1. Any custom advice reasons that you / your company admin(s) have previously saved to the Advice Options & Reasons Library will still be available for selection in the Why Investment Strategy step.


2. If you revisit this step in a report you've previously created it will be automatically updated to the new version of this step for your convenience. However, this does mean that any advice reasons you'd previously selected in the Why Investment Strategy step of that report will no longer be selected, so you will need to re-select them.


3. In terms of the report output, the {IS_WhyIS} tag in the Recommended Investment Strategy & Reasons Why snippet is now surplus to requirements. The '...I have recommended the above for the following reasons:' text and any selected advice reasons for each investment strategy will now be rendered out within the existing {IS_ISTable} tag. 


Therefore, if you have made a custom version of the Recommended Investment Strategy & Reasons Why snippet you will need to edit it to reflect the new output by removing the {IS_WhyIS} tag and the '...I have recommended the above for the following reasons:' text as this will now result in duplication of text.