SIPP and SSAS provider Hornbuckle Mitchell has launched a pension benefits illustration system.
The online tool allows advisers to create FSA-compliant projections for defined benefit and defined contribution schemes, both before and after retirement. The tool can capture protected and non-protected rights in a single illustration and create income drawdown illustrations for full, partial and phased drawdown. It also provides a 'what if' modelling facility to test the impact of various decisions and life-events. Mary Stewart, director of Hornbuckle Mitchell, says: "The new system allows advisers not only to generate projections across different pensions but also for a range o...
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