Prestwood launches pensions planning tool for advisers

Prestwood asked advisers what questions clients typically ask in pension-related meetings, and what information they need to answer them. The firm then built a tool that can then answer the questions, once information has been put into the system. The tool can give information on a client's personal and employer contributions, earnings, adjusted income, threshold income, pensionable earnings, annual allowances, lifetime allowance, lifetime allowance charging and crystallisation events. Prestwood said the tool is designed to be used by advisers in meeting with clients. It is now ava...