QuickCalc

QuickCalc has been designed to calculate the Critical Yield on the pension transfer to a personal pension arrangement or S32/Buyout Contract in order to evaluate viability.

With QuickCalc you can produce the critical yield in only a few minutes from most benefit statements alone. It requires only a few basic inputs. Charges can be product specific.

The system can therefore be used by both pension specialists or administrators. Given its ease of use it can be used for bulk exercises. An easy to use Help menu is built in. (Existing QuickCalc users can find the QuickCalc Users Guide in our On-Line LIBRARY above right.)

QuickCalc is fast, user friendly and very cost effective from both a business point of view and for an initial evaluation perspective. It is not designed to replace the required full transfer analysis if the case moves on to full evaluation.

Main Features include:

1. Normal Retirement Age Critical Yield

1. Early Retirement Age Critical Yield if required

1. Default button for Product Charges for ease of use

1. Default buttons for Private and Public Sector Schemes for ease of use

1. Simple single page report with the results, key assumptions and checklist of inputs for file retention and compliance

1. Help menu