Needs Analysis Defaults

As part of the Needs Analysis functionality some defaults can be set on a systems level, select (1)System and then (2)Needs Analysis Defaults

Needs Analysis Defaults

OPTIONS

The following options are available and will be used on the Needs Analysis calculation:

  • Logo image upload, alignment and sizing (this will be displayed on the Needs Analysis PDF document once generated)
  • CPI Assumption
  • Nominal Portfolio Growth
  • Increase of monthly cashflows (including annual salary increase)
  • Retirement age
  • Net Replacement Ratio Minimum
Drawdown rates

Needs Analysis Defaults

  • Drawdown rate post retirement
  • Drawdown rate post death
  • Drawdown rate post disability
  • Drawdown rate post severe illness
Life Expectance

Needs Analysis Defaults

  • Life Expectancy (Retirement)
  • Beneficiary Life Expectancy (Death)
  • Life expectancy after disability
  • Life expectancy after severe illness
DOCUMENT CONFIGURATION

From the Needs Analysis Card navigate to (1)More Actions -> (2)Needs Analysis Document Configuration

Needs Analysis Defaults
The following sections on the Needs Analysis Document Configuration can be included or excluded on the Needs Analysis document:

Needs Analysis Defaults

NOTE:

  • Each section can be set to start on a new page by selecting the option “Start section on new page” under the Additional Settings
  • By selecting the Section heading i.e. “Balance Sheet”, the Heading label and the Priority can be changed

Needs Analysis Defaults

Sections
  • Balance Sheet
  • Cash Flow Calculations
  • Cash Flows Summary Totals
  • CGT Exclusions Schedule
  • Contact Details
  • Death Cash Flow Calculations & Death Cash Flows Summary Totals
  • Disability Cash Flow Calculations & Disability Cash Flows Summary Totals
  • Endowment (via Life Assurer)
  • Entity Details
  • Estate Duty
  • Executor and Master Fees
  • Income
  • Insurance
  • Post Death Cash Flows, Post Retirement After Disability Cash Flows, Post Retirement After Severe Illness Cash Flows & Post Retirement Cash Flows
  • Pre Retirement After Disability Cash Flows, Pre Retirement After Severe Illness Cash Flows & Pre Retirement Cash Flows
  • Rates and assumptions
  • Relationships
  • Severe Illness Cash Flow Calculations & Severe Illness Cash Flows Summary Totals
  • Tax Comparison Schedule
  • Tax Table
  • Will

 

Last Updated on 6 months ago by Hayley Jerram