The technology provider Prestwood Software has launched a cloud-based version of its cashflow modelling proposition.

They say it will help financial advisers plan their clients’ retirement income even more easily.

Paul Etheridge, the chairman and founder of West Midlands-based Prestwood Group, said the enhancements to its software packages, ‘Truth’ and ‘Professional’, would allow financial planners to get them on any device that can connect to the internet.

Explained Mr Etheridge: “Cloud-based data sharing allows you to work from wherever you wish with your team, your other departments, as though you were in the same room.

“Now, more than ever, a visual picture of future scenarios is vital for clients. Cashflow modelling is an essential tool for this day and age.”