CashCalc has pulled its transfer value comparator (TVC) tool from the market, the firm's director revealed in a video on Twitter.
The video, embedded at the bottom of this article and posted on Thursday (19 August), revealed CashCalc's plans to pull the TVC tool from the market. It said the removal of the tool was due to concerns it was taking up too much company time for the amount business it would be used for going forward. CashCalc founder and director Ray Adams, who appeared in the video, told viewers the software company had decided to pull the tool from the market because he felt the defined benefit (DB) market is set to dramatically reduce. He said: "Where we are at now, 12 months down the line [after...
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