Pensions specialist Clerical Medical has created an A-Day protection calculator for financial advisers on its IFA website.
The calculator provides a visual aid for advisers to use in providing the best options with their clients, and comes in the wake of a successful business guide, launched at the end of October, while attaching itself to a site specifically launched for IFAs offering advice and guidance on pre-A-Day issues. The tool calculates an estimated pension fund value at the selected retirement age (SRA), the tax-free lump sum available at the SRA and any recovery charges that may apply, for all three protection options (enhanced, primary or no protection). Nick Cooper, marketing manager for indivi...
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