M&G Wealth adds CGT planning software to its platform

It said the package, called Cobalt, was the first microservice on the M&G Wealth Platform and enabled advisers to test different planning scenarios for their clients. It explained platform users can now "update the acquisition price of assets, assess a range of ‘what if' scenarios to see CGT implications and can take account of all client assets, on or off platform". All types of open-ended and closed-ended funds, exchange-traded funds and listed equities are included, it added. The CGT allowance is due to decrease by half in the next tax year from just over £12,000 to £6,000. M...