We've recently launched the new group-level report builder in Adviser Online.
This new feature allows you to create comprehensive and customisable report packs for your client groups, making it easier to deliver consolidated, multi-account reporting.
You can access the new group-level report builder from the Wrap Groups page.
What the new feature does
- This first release allows you to create packs containing performance, asset allocation, and balance history reports.
- This update delivers enhanced data accuracy, with flexible date ranges and performance calculations that reflect an account's active history and market movements.
How this compares to the old Portfolio Review Report (PRR)
The group-level report builder replaces the functionality of the legacy Portfolio Review Report (PRR). This means the following features are now unsupported:
- Income projection: This feature is not available in the new report builder. Time-weighted return (TWR): The group-level builder also does not include TWR but it is available through account-level reports.
- Report availability: Group report packs are available for download only and are not viewable online.
- Closed accounts: You can’t add closed accounts to reporting groups. This is an important consideration for processes like super to pension switches to ensure reporting continuity.
Please note that you must create a reporting group with 2-8 active accounts before you can run a group-level report.
Prepare for the future decommissioning of the PRR
We strongly encourage you to familiarise yourself with the new group-level report builder to ensure a smooth transition for your business and your clients well prior to the legacy Portfolio Review Report (PRR) being decommissioned in the coming months.
Looking for more information?
Visit group-level performance reporting in Help Centre.