Improvements to Defined Benefit TVAS Tool
We have made some changes to our popular Defined Benefit TVAS tool to make it even easier to read the results of a transfer analysis. The changes are as follows:
Changes to Full Analysis Page
The Results page of our system now includes additional explanation text to the Critical Yield and Hurdle Rate results on screen and clearer signposting for Reduced Pension and Cash Lump Sum & Capital Value.
These changes should make it easier for users to identify critical information on the results page.
Add Fund Required to Defined Benefit Report
The Fund Required has been added to the Defined Benefit Reports (also known as the Capital Value Amount to purchase the defined benefit income) to make it easier to explain the size of investment as well as growth required to your client. This figure sits alongside the Critical Yield and Hurdle Rate.
Should you need any further explanation about these changes, please get in touch with our Technical Team.
For further information