DCube

The fully end to end technology, "Drawdown in a box".

About DCube

With the drawdown process looking like a maze and a few worries in between, drawdown isn’t something one would celebrate upon receiving a request. However, you do have to celebrate a new business opportunity. Getting a new drawdown request currently means another long process for both yourself and your clients or members to not quite look forward to. It’s simply not fun and something that you want to be over with as soon as it starts, but that’s never the case. The case is that it is a legal requirement for you to follow.

Let us help you change a situation where you can celebrate every drawdown request and new business opportunities while also helping you upscale your business through DCube. 

Drawdown can be made simple for you and your customers or members through DCube.

DCube has simplified the drawdown process by streamlining each client or member journey stage, cutting out unnecessary steps while fully automated, making it possible for you to upscale your business and increase your revenue.

Consisting of an 8-steps process, each steps covers:

1. Withdrawal requirement: DCube will ask your customer to confirm whether they have any form of ‘protection’ in place and for confirmation on whether they have previously utilised any of their Lifetime Allowance.

2. Retirement options pack: Customers will be asked to read through each section of their retirement options pack. The pack aims to make it easier for customers to review their current financial situation, understand their options and any risks; and reach an informed decision.

3. Risk warnings: Customers will be asked to answer some risk warning questions to ensure that they are aware of any potential risks and to help them consider their options.

4. Withdrawal selection: Customers will be asked to complete the application form to help DCube process their request.

5. Investment strategy: Customers will be offered the opportunity to review whether their current investments continue to meet their needs.

6. Withdrawal illustration: DCube will issue your customers with a withdrawal illustration based on the information they have provided, showing the potential outcome of their chosen option.:

7. Bank details: Customers will be asked to confirm the details of the bank account they would like your organisation to make payment to.

8. Summary and confirmation: DCube will present an overall summary based on the information your customer has provided.

While we understand that questions may arise regarding regulations required for providers to comply with, we ensure that all language used in DCube is understandable to clients and members without any industry knowledge while covering all grounds of regulations required in the drawdown process. With a popup box that clients and members may click on when seeing a keyword, a definition will be provided so that meanings will not get lost in translation.