DB Advice System
2023 is no longer about doing things manually, aka your current DB Advice Transfer administrative process.
CTC’s DB Advice System comes at a low cost and it is automated, helping you focus on the financial advice and upscaling your business.
The Defined Benefit transfer process can be a long process and repetitive, not to mention it being boring when you have to spend so much time on the administrative process rather on the financial advice itself. When you end up spending so much time on the administrative process rather than the financial advice, the quality of your advice may not be as exceptional as it can be. In the long run, this could cause damage to your business’s reputation in terms of the quality of the advice you give while also capping you on the number of customers you’re able to service.
With CTC’s DB Advice system, we take the administrative process away from you completely to help you focus on giving your customers financial advice. While we understand the importance of the regulatory requirements that you have to comply with, our software is the only system that automates results that are fully compliant without any manual intervention.
CTC’s Defined Benefit System is the only technology you need for defined benefit transfers while you’re able to spend more time on financial advice and upscaling your business.
Taking away the complexity from defined benefit transfer is CTC’s DB Advice System, an end to end software consisting of many varieties of technologies required:
Case tracking and CRM
Triage process
Intelligent online facts find
Abridged Advice report
Full APTA
Cash Flow modeling
Suitability report generator
Full regulatory reporting
Abridged Advice Technology
CTC’s abridged advice technology allows you to create automation for your defined benefit transfer process. Extended from our abridged advice technology, is our full DB advice system. This does not mean that full DB advice has been devalued as our full DB advice system offers an extensive analysis into each member's financial circumstances, and report back based on the information each member has input in a more in-depth format. Below we share a chart that shows our abridged advice technology extended to a full DB advice system.
TVAS Technology
Our TVAS technology provides detailed pensions transfer analysis to carry out Defined Benefit Pension Transfer. As a provider, you no longer have to manually keep track of any updates to ensure all members receive up to date and accurate information as our TVAS system has been re-engineered to assist you with:
TVAS Reports (including Replacement product(s)
Growth rates and charges
Early Retirement date and reduction factors
Drawdown cash flow tables based on customer’s desired income flow
DB Transfers is one of the most complex areas of financial advice with the ever-increasing levels of regulation. The standard technology is not designed to deal with these complexities and adviser firms tend to use a large range of disparate unconnected systems, and (sadly) spreadsheets.
Switch to CTC’s Defined Benefit Transfer System today and focus on giving financial advice and up-scaling your business while we help you automate all the administrative tasks and help you produce reports that will help you comply with the regulations.
An overview of the full DB advice process
For a more in-depth overview of the full DB transfer process, please sign up for our free webinar to gain free access to the replay.
Modules in Our DB Advice System
Abridged Advice
Allowing you to automate your full DB advice process.
TVAS
The technology for pension transfer analysis for defined benefit pension transfer service.
Hosting
Saving the cost and hassle of hosting applications, CTC typically provide its applications under a SaaS model. We are however equally comfortable supporting an on-premises deployment.
