Illustration clarification

The Illustration tool focusses on the specific account details- which are captured during the online account opening process- to determine the costs and charges of that particular wrapper / account.  

It does not take into account the value of other related accounts, so if there is family grouping / fee aggregation, this would not be reflected in the illustration.  

In essence then the illustration looks at the new piece of business (or top up) as a stand alone, and  is essentially an indicative statement of prospective costs and charges.  

We use the growth rate figures as provided in the FCA handbook:

GIA The three underlying rates of returns of 1.50% pa, 4.50% pa and 7.50% pa have been used as these are the lower rate, intermediate rate and higher rate recommended by the FCA within standardised projections for many investments https://www.handbook.fca.org.uk/handbook/COBS/13/Annex2.html . 

ISA The three underlying rates of returns of 2.00% pa, 5.00% pa and 8.00% pa have been used as these are the lower rate, intermediate rate and higher rate recommended by the FCA within standardised projections for many investments https://www.handbook.fca.org.uk/handbook/COBS/13/Annex2.html . 

SIPP The three underlying rates of returns of 0.00% pa, 2.94% pa and 5.88% pa have been used as these are the lower rate, intermediate rate and higher rate adjusted for price inflation recommended by the FCA within standardised projections for many investments https://www.handbook.fca.org.uk/handbook/COBS/13/Annex2.html