Prestwood Professional was created by Financial Planners for Financial Planners, and incorporates the leading cash flow modelling tool to help the client achieve their goals and objectives. Everything about a client's assets, policies, investments and liabilities is recorded and then their future cash inflows and desired expenditure are projected, including accurate Income Tax, National Insurance and Inheritance Tax calculations.

Obtaining real-time valuations and avoiding double entry of data means financial planners can focus on servicing their clients more efficiently.

Paul Etheridge, Chairman at Prestwood said "We are delighted to join with Ascentric. The link will provide significant benefits to advisers and will be especially valuable for those who are 'raising their game' to enjoy the benefits that will follow implementation of the RDR."

Dominic Ventham, Head of Marketing at Ascentric said, "Integrating with one of the leading financial planning adviser tools will enable advisers to have up to date client records and a consolidated view of their client's holdings when planning. This will be a valuable addition to the Ascentric proposition extending the range of planning tools on the platform."