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Elements Calculations Software
CTC provide three core calculation system modules. Please click in the boxes below for details.
First implemented in 1990, CTC’s ePAT system offers a comprehensive range of features making it a versatile and flexible tool to provide a full range of pre-retirement projections.
ePAT is capable of aggregating benefits from different sources (scheme, private and state) and of varying types (both Money Purchase and Final Salary) to provide a complete picture of an individuals retirement benefits. Modelling Tools then enable a variety of ‘what if’ calculations to be run to view their effect on overall benefits.
As the ePAT system is browser based it is ideally suited to providing ‘on line’ projection facilities for advisers and individuals whether they are members of private or company arrangements.
For more information click here.
Probably the most sophisticated system of its type available, the ePRID system is designed to allow the user to plan an individuals income and capital needs in retirement.
Intrinsic to the system is the production of FSA Compliant Illustrations, projections and key features for new clients as well as providing reviews for existing clients in respect of income drawdown, phased retirement and phased drawdown.
In addition to a single illustration, the system enables a full range of ‘what if’ calculations to be run. The system also includes a Risk Profiler, which provides tools to record and facilitate appropriate investment selection.
For more information click here.
The founders of CTC pioneered the use of Critical Yield analysis in respect of pension transfers in the late 1980’s.
Since that time CTC have built up considerable experience and expertise in this field both in terms of process and requirements.
Using this experience and working with a wide user base we have been able to ensure that the development of eTVAS has kept abreast of customer needs, regulatory requirements and takes full advantage of advances in technology.
CTC's eTVAS now includes a complete range of analysis calculation together with full reporting and communication abilities, the production of fully compliant illustrations as well as process management and business tracking functionality.
In short, all of the functionality to manage the transfer process from initial enquiry through to business on the books.
The QuickCalc module, a pared down version of the full system, enables limited information to be processed to assess the initial viability of transferring benefits, thus filtering out cases where the transfer would not proceed on the basis of critical yield alone.
For more information click here.
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