Advisers are utilising capital gains tax (CGT) support services from platforms more readily as personal allowances fall, analysis from Financial Software has found.
The provider said CGT tools were of increasing importance to advisers when researching the most effective providers. It cited data from The Lang Cat's Analyser software which showed from more than 1,000 due diligence exercises carried out by advisers, ‘CGT tools' was the fourth highest ‘must have' functionality option out of 600 others. However, it added that while this sat below the vital hygiene features of having a general investment account, ISA, and flexi-access drawdown, it suggested CGT tools were "the number one extra feature" that sets a platform apart from its competitors. ...
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