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Standard offers cash calculator

Standard Life has added a tax free lump sum calculator to its adviserzone website as part of its countdown to simplification campaign.

The tool will enable advisers to calculate whether their clients are entitled to tax free cash above 25 per cent of their pension fund and plan ahead for A day accordingly.

Standard John Lawson marketing technical manager says: The A-Day picture is now largely complete and most of the legislation is now in place.

“While most advisers understand the implications of moving to a single tax regime, it is extremely important that they take action now to make the most of the opportunities it will create.

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