When you open an existing plan, a prompt asks you whether you want to update the plan. There are three separate types of information which can be updated, and you can choose to update any or all independently using check boxes.
Plan Holdings
Checking the Plan Holdings check box will update all of the accounts, holdings, and currency amounts associated with the plan. Current portfolio will be updated, and the currency amounts associated with the proposed allocation and proposed portfolio will be updated using the same percentage weights as when saved.
Assumptions
The Assumptions check box will be greyed out and unchecked if the underlying set of assumptions which was used to create the plan has not been updated since the plan was last updated. If the underlying assumptions have changed, the check box will be checked by default. If you choose not to update the plan with the latest assumptions, you will have the option to do so later, from the Market Assumptions page.
Plan Start Year
When a new plan is created, the plan start year always defaults to the current year. When opening a plan which was last saved in the current year, the Plan Start Year check box will be greyed out and unchecked. If the plan was last saved in a prior year, the checkbox will be checked by default and enabled. You can uncheck the box. If you leave the box checked, the Plan Start Year that appears on the Overview page will reflect the current year, and all forecasting will be rerun to reflect the new start year.
To update plan information when opening a plan, do the following:
Check the box(es) that correspond to the plan information you want to update.
Click OK. The Investment Planning window opens.