Suffolk Life adds two adviser features to online portal

More automation

Hannah Godfrey
clock • 1 min read

Suffolk Life has launched two new features on its web portal allowing advisers to view their clients' drawdown information and bank transactions at a time convenient to them.

In the first addition the portal will show the split between crystallised and uncrystallised funds within a client's drawdown plan, and where applicable, the split between capped and flexi-access funds. Advisers will also be able to see the current income limits and the next review date, which Suffolk Life said, had been developed with the recent changes to the GAD rate tables in mind, which may push investors to swap from a capped drawdown policy into a flexi-access policy, and in doing so trigger the money purchase annual allowance (MPAA). With the recent confirmation of the reducti...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Software

'Porn appeared in my Zoom meeting' - adviser's call hacked amid security concerns

'Zoom-bombers' plaguing private meetings

clock 03 April 2020 • 3 min read

IRESS offers advisers 'seat at the development table'

75 advisers involved in IRESS Labs

Victoria McKeever
clock 03 August 2018 • 1 min read

Defaqto overhauls Engage software

More than 7,000 users

Hannah Godfrey
clock 14 June 2018 • 1 min read