The new feature will be offered as standard with all Cashflow & Drawdown Strategies subscriptions.  Additionally, all existing Drawdown & Annuity subscribers are being automatically upgraded to the new tool, free of charge.

The Cashflow & Drawdown Strategies tool provides users with a complete end to end retirement planning solution, combining fully-featured cashflow analysis with independent product research and cost comparisons, and stress testing.  It reduces the need for users to have to dip in and out of different software for client analyses.

Selectapension will also be adding Cashflow Modelling functionality to its’ Defined Benefit transfer analysis tool from June, in order to effortlessly meet COBS 4 requirements.

Andy McCabe, Managing Director says “Cashflow planning is an integral part of a holistic financial planning process, so we wanted to embed a really excellent cashflow tool within our existing system. With this new enhancement, our subscribers will benefit from a one-stop-shop for retirement income planning.  The Cashflow & Drawdown Strategies tool provides a truly comprehensive solution that is easy to use and produces excellent, compliant client reports.”