New pension transfer rules – ATEB Suitability is ready

1 October 2020 Alistair MacDougallCompliance

In readiness for the new rules relating to Defined Benefit Transfers (FCA Policy Statement PS20/06) applicable from 1st October 2020, ATEB Suitability intelligent report writing software has been upgraded.

This upgrade includes:

The new mandatory one-page Pension Transfer Summary;
Additional Workplace Pension Scheme Options;
A new Abridged Advice Template Report;
Expanded descriptive text for TVC.

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ATEB Compliance offers compliance and regulatory advice.

ATEB Suitability provides report writing software for the financial services market.

Our View

One of the key benefits that our clients who use ATEB Suitability intelligent report writing software gain is that updates required by changes in regulation or tax legislation are taken care of by ATEB. Users simply need to create a report, safe in the knowledge that the output will be compliant and up to date.

So we are proud that, yet again, our software colleagues in ATEB IT have delivered a significant update bang on time.

Action Required By You

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