Genovo Suitability Report 2017-18 Tax Year Updates
Team Genovo
Here’s a summary of the new updates and features you’ll discover the next time you log in to the Genovo suitability report app.App
Module | Feature | Update / Enhancement |
---|---|---|
Provider Library | Added new provider | We've added the following new provider: - Zurich Wrap |
Plan Comparison - Pension Switching | Selectapension projected pension fund comparison table | We've updated the html code in our Knowledge Base article to reflect the slight changes Selectapension have made to their standard output. Read More... |
Section Wizards
Section(s) | Step(s) | Update / Enhancement |
---|---|---|
Review of Your Existing Investments | Plan Summary | We've added the following investment: Lifetime ISA |
New Investment Recommendation | Plan Summary | We've added the following investments: Lifetime ISA NS Premium Bonds NS Investment Guaranteed Growth Bond |
Review of Your Existing Investments New Investment Recommendation | Disadvantages | We've added some new LISA-related advice reasons. |
Review of Your Existing Pensions Review of Your Existing Retirement Income Plans Drawing Benefits from Your Pension Fund | Disadvantages Recommend Action Other Solutions | We've updated the standard advice reasons to reflect the changes to the Money Purchase Annual Allowance. |
New Investment Recommendation New Pension Recommendation | Other Solutions | We've added LISA as a new advice option. |
New Pension Recommendation Drawing Benefits from Your Pension Fund | Other Solutions | In line with FCA suggested best practice we've added the following advice option: Partial transfer of your defined benefit pension Read more... |
Report Content Manager
Section | Snippet Name | Update / Enhancement |
---|---|---|
Executive Summary | Title & Opening | We've slightly edited the wording. |
Appendix - Product Information | NS Premium Bonds NS Investment Guaranteed Growth Bond Lifetime ISA | These are new snippets that we've added. |
Appendix - Product Information | NEST QROPS Individual Savings Account Junior ISA | We've updated these snippets. |
Appendix - Product Information | Collective Investment Taxation (Private Client) Direct Equity Investment Taxation (Private Client) Discretionary Managed Portfolio Taxation (Private Client) General Investment Account Taxation (Private Client) Investment Trust Taxation (Private Client) Structured Investment Product Taxation (Private Client) | We've updated these snippets. |
Appendix - Product Information | Collective Investment Taxation (Bare Trust) Direct Equity Investment Taxation (Bare Trust) Discretionary Managed Portfolio Taxation (Bare Trust) General Investment Account Taxation (Bare Trust) Investment Trust Taxation (Bare Trust) Structured Product Taxation (Bare Trust) | We've updated these snippets. |
Appendix - Product Information | Collective Investment Taxation (Interest in Possession Trust) Direct Equity Investment Taxation (Interest in Possession Trust) Discretionary Managed Portfolio Taxation (Interest in Possession Trust) General Investment Account Taxation (Interest in Possession Trust) Investment Trust Taxation (Interest in Possession Trust) Structured Product Taxation (Interest in Possession Trust) | We've updated these snippets. |
Appendix - Product Information | Collective Investment Taxation (Discretionary and Accumulation & Maintenance Trust) Direct Equity Investment Taxation (Discretionary and Accumulation & Maintenance Trust) Discretionary Managed Portfolio Taxation (Discretionary and Accumulation & Maintenance Trust) General Investment Account Taxation (Discretionary and Accumulation & Maintenance Trust) Investment Trust Taxation (Discretionary and Accumulation & Maintenance Trust) Structured Product Taxation (Discretionary and Accumulation & Maintenance Trust) | We've updated these snippets. |
Appendix - Technical Notes | Pensions Pension Switching Inheritance Tax Long Term Care Planning | We've updated these snippets. |