A unique tool that considers plans in accumulation and in drawdown. The key features of this tool (too numerous to cover all here) include:
- Ability to dynamically model various income withdrawal profiles so that the point at which the fund might be depleted is clear. The amount of withdrawal can be flexed over time.
- Once your pattern of withdrawals are set, the tool will undertake a flexi-access drawdown charge comparison.
- Calculates and compares the charges applicable to both on and off-platform solutions as required by FCA PS11/9.
- Includes the charges of your investment portfolio as applicable to each platform taking into account share class variances (as required by FCA DP10/2). The tool reflects any exclusive or semi-exclusive share classes and any unit rebates. Insured/mirror funds can also be included for life company solutions.
- Adjusts results to take account of any special platform pricing deals that have been negotiated.
- Includes any transaction charges that might be incurred for switching/rebalancing and includes ETFs and Investment Trust transaction charges.
- Accommodates any DFM and DFM portfolio, combing both DFM and platform charge if required.
- Facility to build you own platform to reflect any bespoke platform arrangements you may have.
- Accommodates your adviser charging; initial and ongoing, fixed £ fee, % fee, tiered fees.
- Allows for existing/connected platform accounts.
- Tool output can be in either Word of pdf format, and can include your adviser logo.