Additional Release Content August 24

Item Ref

Item

Update

Impact

HWAP-795

Ensure that when an adviser charge is amended, the old charge's end date is not the same as the new start date

We will adjust the process so that the end date of the old rate is set to the day before the new rate takes effect. This means that if a rate change is made on July 18th, the old rate will end on July 17th, and the new rate will start on July 18th.

Improved accuracy

HWAP-105

Ensure that model switches don't overlap the old fee end date and the new fee start date

When a model switch is instructed the old fee will end on the day before the new fee starts.

Improved accuracy

HWSP-87

Updates to Drawdown request screen

We're enhancing the "Retirement income" screen with clearer options and information for different types of drawdown. You'll see new sections for Flexi-access and UFPLS drawdowns, along with improved validation and end date fields for regular PCLS and income. These changes aim to make managing your retirement income simpler and more accurate,  and all drawdown request screens are now uniform.

Improved User journey

HWSP-171

Remove current validation which prevents an illustration being produced if MPAA has been triggered

This update will allow IFAs to create illustrations even if the MPAA has been triggered thereby removing unnecessary restrictions.

Improved functionality

HWSP-174

Drawdown request screen validation

We are making the "start date" or "payment date" fields mandatory on the relevant screens for pre-application illustrations, the drawdown page within new applications, the drawdown illustration wizard, and the drawdown arrangement wizard. Additionally, the "payment date" for the UFPLS option will also be mandatory. The "end date" for regular withdrawals will remain optional.

Improved accuracy

HWAP-735

Fix to intermittent issue where GIA application payment options screen is blank.

This issue was present when a re-registration transfer contribution was entered alongside a regular withdrawal. This issue has now been resolved.

Improved User journey

HWAP-770

GDPR remove marital status from Create Investor Journey

We are removing the "marital status" field from the application process and PDF outputs, as no longer required by Compliance.

Improved User journey

HWSP-140

New accumulation SIPP illustrations

This update will standardise the illustration process, ensuring consistency and accuracy across all types of illustrations.

Improved accuracy

HWAP-1234

Fix the page break for application where adding additional investors to an application

We identified an issue in the first part of the new application journey where adding additional investors to an application causes a page error. We are fixing this issue to ensure that the search results load correctly on each page without causing errors.

Improved User journey

HWAP-811

Issue with Portfolio Performance Report (MIS)

We are making several changes to the Portfolio Performance Report for MIS accounts to improve accuracy and clarity. The updates are as follows:

1. The primary account performance will not be plotted in the graph.
2. The primary account performance will not be included in the "Performance during period" table.
3. The growth in the "Performance during period" table will be displayed for all sub-accounts.
4. The primary account performance will be included in the "Payments In/Out during period" table.
5. A new "Primary Account Information" text box will have this additional wording: “The Primary Account is not plotted in the graph or separated below however is included within the amalgamated position.”

Improved accuracy

HWAP-1419

Fix the account performance using the previously viewed investor/account details

This update will fix the issue, where users were switching between different investors but being redirected to a previously viewed account

Improved User journey

HWAP-1034

Ensure only trust bank details display when creating a new trust

This update ensures that when setting up a new Trust:

1. Users will not be able to select bank details of any associated entities (e.g., trustees, owners)
2. If trust bank details are present they will be available for selection when creating a new account under the Trust.
3. If no bank account is linked to the Trust, users will only have the option to add a new bank account.

Improved accuracy