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...
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