Online calculation service for IFAs to be launched

The company says it has created a web-based retirement planning tool, which is IFA focussed, regardless of the type of pensions business they transact, and includes four separate calculation tools. The ‘basic calculator’ provides a graphical projection of clients’ potential retirement fund as well as shortfalls. A ‘transfer value analysis calculator’ (TVAC) calculates projected fund values or critical yields, allowing IFAs to gage whether a transfer is possible. The ‘lifetime limit calculator’ indicates the difference between a client’s expected pension provision when retired and the...