
Calculator set to be a plus.
Life insurer Clerical Medical has set up a critical yield calculator on its website which it claims ...
Life insurer Clerical Medical has set up a critical yield calculatoron its website which it claims will give independent financial advisers a
figure in seven minutes.
The calculator features intelligent screens which prompt the user when
essential data is missing but only request the information necessary for
each specific case.
It also allows IFAs to print a results page and a summary of inputs, make
changes or amendments to the information entered in the input screens, and
adjustment commission options.
John Pullen, an IFA with Allan & Boswells said: "Now IFAs have the chance
to establish whether a client's pension transfer case will provide the
critical yield that means the case is worth processing."
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