DCube for SIPPs
With drawdown being such a long process, it can be difficult to move on to the next task or close the case because one request takes a while to complete, let alone scale up your business.
Imagine if scaling up your business is possible because you’re able to offer your service to a higher number of customers.
Imagine if your drawdown journey is excellent and not emotionally draining for your customers, while at that, they understand everything communicated to them.
Imagine celebrating every time you get a drawdown request.
Let us introduce you to DCube, making all of the above possible at a low cost.
DCube provides all the technology SIPP providers need to operate Drawdown products. It really is ‘drawdown in a box’.
SIPP providers have operated comprehensive drawdown offerings for some time, particularly catering for high net worth clients, but things have changed.
Drawdown is becoming a mass-market offering and there is downward pressure on fees. DCube specialises in automating complicated drawdown processes, bringing the processes completely online, and catering for advisers and end customers.
DCube can help SIPPs greatly improve the customer experience, whilst significantly saving administration costs. DCube is an end-to-end solution, offering planning, member view, withdrawal setup, and administration. Alternatively, you can take any of the individual modules to fit into your existing processes.
About DCube
DCube Setup focuses on your customer’s drawdown withdrawal application process which consists of the customer applying to request their drawdown payment. DCube Setup will help bring the whole process online through the processes highlighted below.
DCube Setup consists of a 6-steps process, each step covers
1. Wake up pack
2. Risk warnings
3. Benefits application form
4. Investment strategy
5. Drawdown illustrations
6. Summary and confirmation
Compliant with the FCA regulations
Excellent Customer Journey
Cost-effective
The Planner
DCube Planner will help your customers plan for their dream retirement. Our DCube Planner will present your customer with the most suitable option based on their circumstances. While this may sound like a long process, customers may go through the planner at their own pace while at the comfort of their own home.
Compliant with the FCA regulations
Excellent Customer Journey
Detailed planning
The administration
DCube Administration is able to help you manage all your workflow on one system. The idea is to make offering drawdown simple for you. From communications, storing data, storing documents and notifying customers of the changes, it is made possible with DCube Administration.
Compliant with the FCA regulations
Excellent Customer Journey
Calculations
How will DCube make a difference to SIPPs?
If you’re thinking offering drawdown service is another thing to worry about, we’re here to make this as simple as we can. All we require from you is a certainty that this is something you’d like to offer your customers - CTC will take care of the rest; setup, planning and administration, ensuring that you’re able to work efficiently from one system.
With drawdown being a naturally long and time-consuming process, the last thing you want is to have to use many systems at a time to offer one service. With CTC, one system does all.
When the process is already long and something you don’t want to think about, the last thing you want to do is go out of your way to figure out which systems would work for each part of the process, and if they would link or connect with the next.
With CTC’s DCube, you will be able to manage everything from one dashboard, making offering drawdown simple.
Why choose CTC’s DCube technology?
What’s in it for you?
What’s in it for your members?
DCube for SIPPs Walk-through
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.