No. Due to the amount of configuration that is required, it is not possible for you to add a custom product type to the Plan Summary step of a review or recommendation section via Genovo's standard customisation suite, and hence why the Add advice option button does not show for this step in the Advice Options & Reasons Library.


However, if you are subscribed to a Company Plan Maxi or above, we can implement this for you. This is likely to incur an additional one-off customisation charge, and depending on whether you want your custom product type adding to a review or recommendation section, we will require you to provide us with the following information.


Review section

  • The name of the product type as you want it to show in the 'Product Type' field of the Plan Summary step, and your reports.
  • Which review section(s) you want it to show in.
  • Whether it should be included the Plan Charges steps of the review sections.
  • For pension and protection products, whether it should be included in the Plan Features & Benefits step.
  • Which recommended actions should show in the Recommended Action step of the section(s) when the product type is selected in the Plan Summary step.
  • The wording for any additional risk warnings that you would like to be automatically triggered in the Risk Warnings section of the report when this product type is included in a review section.
  • Any new selectable options that you would like adding to the Key Disadvantages and Tax Implications step, and which category you would like them added to.
  • The wording for any product or technical note that you would like to be automatically included in the appendix of your reports when this product type is selected in a review section.


Recommendation section

  • The name of the product type as you want it to show in the 'Product Type' field of the Plan Summary step, and your reports.
  • The wording for all the selectable options that should show for that product type in the Why Product Type step.
  • Which recommendation section(s) you want it to show in.
  • Whether it should be included the Plan Charges steps of the recommendation sections.
  • For investment products, whether it should be included in the Trusts step.
  • The wording for any additional risk warnings that you would like to be automatically triggered in the Risk Warnings section of the report when this product type is included in a recommendation section. 
  • Any new selectable options that you would like adding to the Key Disadvantages and Tax Implications step, and which category you would like them added to.
  • The wording for any product or technical note that you would like to be automatically included in the appendix of your reports when this product type is selected in a recommendation section.


If the new product type is to be included in a review and recommendation section, a lot of this information (e.g. risk warnings / product notes) is likely to be the same for both. 


Please contact us to discuss your requirements in more detail.