Macquarie unveils CGT tool

CGiX, provided by Financial Software Ltd, was developed after "extensive consultation" with financial planners and gives direct access to capital gains and losses reporting and planning functionality. The wrap provider claims the tool will help financial planners give better advice by providing automated reports on clients' realised and unrealised gains and losses. All client data, including valuation and transaction details, feed directly into CGiX from Macquarie. Macquarie's head of distribution John Porteous says: "The UK tax landscape is becoming more complex for high net worth...