Voyant UK Adviser Previous Release Notes

Version 5.98 Release Notes - Production Deploy date 2023-06-29

AdviserGo

• The Market Assumptions Uploader previously displayed generic error messages when asset class names did not match the names used in the system. We have added more specific error messages for mismatched asset class names.
• Added the ability to indicate whether a withdrawal limit amount is future or present value.
• Vault | Users can now be invited to and use Vault without requiring a planning license too.
• Previously, jointly owned expenses were also displayed in the column of the deceased client on the Income vs. Expenditures screen. This has been fixed and jointly owned expenses will now be displayed in the column of the survivor.
• Market assumptions uploaded with no investment class set name will get compatible model portfolios when a risk order is not specified.

Version 5.97 Release Notes - Production Deploy date 2023-06-15

AdviserGo

• Added a model portfolio manager to AdviserGo. This manager can be accessed if the user has ROLE_MODEL_PORTFOLIO_SETUP role, and the feature flag model-portfolio-manager is not disabled.
• Corrected an issue with Plan Differences page showing an error notification when a Major Loss event is present in either of plans in comparison.

Version 5.96 Release Notes - Production Deploy date 2023-06-01

AdviserGo

• Addition of error, loading, and Not Found states to Securities Search inside of: Item Edit|Growth|Holdings|Add Security.
• Added Present Value/Future Value functionality. This feature allows users to handle values based on present or future terms, depending on the specific item being addressed within the plan. Default changed to Future Value in Savings, investments, Retirement, Debt, Income Protection, Distribution for new models. Existing models remain Present Value.
• Adviser to AdviserGo | Line of Credit Payoff Events created in the legacy Adviser software are now converted to linked Onetime Payments in AdviserGo, allowing for easier editing.
• Corrected Long Term Care simple benefit escalation calculations.
• Income vs. Expenditure on screen view now shows non-legal partners in a separate column from Family and Trusts
• Corrected an issue where the LTA tax was still being applied to final salary pensions if the |Pay by Benefit Reduction| option was enabled.
• Corrected as needed withdrawals from money purchase pensions following 2023 to eliminate the gross up for exceeding the LTA
• Savings Allowance and Savings Rate Band updated for 2023.

Other Applications

• ClientGo | Addressed issue causing mis-alignment of icons for Safari users.
• Home | Users will now receive a helpful |Page Not Found| message instead of a blank page if they enter an invalid URL.

Version 5.95 Release Notes - Production Deploy date 2023-05-18

AdviserGo

• When changing plans, the application will no longer transition the user back to the dashboard every time. If the page is supported, the application will now transition the user to the same page they were on before changing plans.
• The UI now respects the feature key {{require-tracking-id}} . If this key is enabled, and tracking ID is enabled, the UI will force the user to enter a tracking ID.
• Addressed a display issue where newly created Legacy Expenses would be shown as Goals in the Dashboard until the next load of the client.

Version 5.94 Release Notes - Production Deploy date 2023-05-04

AdviserGo

• Added example upload .csv files of a investment averages file and a correlation coefficient file on the custom market assumptions page behind a clickable link.
• In order to provide users with more flexibility, we now allow the use of SMS 2-factor authentication. A dedicated MFA verification page has been added with a feature to request a new code if the old one has not been received.
• Introducing Plan Differences: The New Way to Compare Plans. A new feature allows one to compare any two plans in a single view. Easily see the differences between the two plans, without having to switch back and forth between them. To view, go to Overview | Plan Differences, select the two comparison plans. Plan Differences will then display a side-by-side comparison of the two plans.
• Updated MFA text description
• Adviser to AdviserGo | Improvement to the user experience when we receive an error from an integration source. Previously, the UI would display an alert asking the user to confirm that they want to leave the page without context. In this release, we have changed the UI to show notification of the failure and redirect the user to the Client Dashboard.
• Adviser to AdviserGo | Debt Payoff Events created in the legacy Adviser software are now converted to linked Onetime Payments in AdviserGo, allowing for easier editing.
• Corrected an issue with the timing of an asset linked expense fulfillment. Previously, asset linked expenses were fulfilled at the beginning of the year, even if owned by individuals. This meant individuals' employment income was consumed by the expenses, even though they had not yet paid taxes on that income. The asset linked expense fulfillment is now only processed at the beginning of the year if owned by trusts and companies.
• Jointly owned debts were temporarily created as a single debt, even when owned by multiple people, leading to an incorrect result at an owner's mortality. Resolved such that jointly owned debts treated separately.
• Added asterisk to indicate Start Age and State Pension Age are required fields for State Pension.
• Adviser to AdviserGo | Income vs. Expenditure Overview screen: split Basic Expense section into their appropriate categories such as "Leisure", "Luxury", etc.
• 2023 budget updates:
  • The Lifetime Allowance (LTA) charge will be removed from April 2023, effectively setting the LTA tax rate to 0%, abolished from April 2024.
  • The Maximum tax-free cash (PCLS) will be fixed at £268,275, which is 25 percent of the current standard LTA, unless pension protection is in place.
  • The Annual Allowance (AA) will increase from £40k to £60k starting from April 2023, while carry forward will still be allowed for the previous three years.
  • Minimum Tapered Annual Allowance will also increase from £4k to £10k from April 2023.
  • Adjusted Income Threshold for Tapered Annual Allowance will increase from £240k to £260k from April 2023, while the threshold income will remain at £200k.

Other Applications

• HOME | In the past, users could only use a 3rd party app for multi-factor authentication. Now, we are excited to announce that users can use either text messaging or a 3rd party app for multi-factor authentication!
• HOME | If a user is actively using muiti-factor authentication and wishes to self-deactivate his/her device, user must now submit a code (prompted on the screen).
• ClientGo, Snapshot, & Vault | Added better error handling when users attempt to access a URL without proper authorization.

Version 5.93 Release Notes - Production Deploy date 2023-05-04

AdviserGo

• Allow Corporations, Trusts, and People to co-own a property.
• Feature keyed enhancement; An additional menu item is available to be added behind the client name to view the client record in the Administrative console.
• Corrected a tabbing order issue in Dashboard, Dashboard year view, and Lets See pages.
• Corrected an issue wherein a double click on subscription preferences routes to a blank page.
• Filtered out UI options to prevent companies from owning their own preferred shares.
• Adviser to AdviserGo | Added State Pension Age field to State Pension in AdvisorGo.
• Adviser to AdviserGo | Property and Windfalls created using timing type age will automatically be converted to use events created based on the input age. This conversion will occur in Adviser and Adviser Go when opening or importing plans with models that use timing type age. Also, Insurance functionality for |begin premiums at age| is now available in Adviser Go.
• Fixed an issue where some special characters, including the ampersand, in a Plan Name may cause the Plan Notes report not to generate.

Version 5.92 Release Notes - Production Deploy date 2023-04-06

AdviserGo

• Updated Navigation | for an advisor user | Clicking the logo from within a client will now route to client search, rather than the client Dashboard page.
• Corrected a display issue for Offshore Bonds held by the spouse where they should have tax calculations in Year View | Taxes under the Spouse column but were reflected in the primary column instead.
• Fixed an issue with the payment of debt linked to insurance such that it is now properly displayed as Additional Payment in Year View Debt section.

Version 5.91 Release Notes - Production Deploy date 2023-03-23

AdviserGo

• Corrected an issue in Plan Settings where users were not able to set percentages to zero.

Version 5.90 Release Notes - Production Deploy date 2023-03-09

AdviserGo

• Added Start Age input field for Currently Receiving option in State Pensions.
• Plan Notes added as a new option on the Reports screen.
• Added a more verbose message when deleting an item. From |Are you sure that you want to delete?| to |Are you sure that you want to delete {name}?|
• Plan notes created in Advisor with html are converted to markdown and visible in AdvisorGo.

Other Applications

• Home | Added language selector to login, registration, and invite acceptance pages in regions with more than 1 language.
• Integration | Add support for export to Iress Integration (UK).

Version 5.89 Release Notes - Production Deploy date 2023-02-23

AdviserGo

• For users with an integration that supports export on their subscription, for example Salesforece or Intelliflo, Plan items with a |type| select option will now display this type instead of the generic item type throughout the application. Export type options during integration export will now be filtered to only applicable options based on the plan item type.
• Users are now able to promote to the current tax year
• Improvements in language specific name formatting.
• PET and CLT transfers are available in Carryover Assumptions in AdvisorGo. Investments of type Other Trusts with PET and CLT were moved to Carryover Assumptions. Failed personal PETs are now included in legacy inheritance tax. Corrected issue in legacy inheritance tax liabilities are now paid by the deceased estate.

Version 5.88 Release Notes - Production Deploy date 2023-02-09

AdviserGo

• Updated Pension report to show the pension title on each page of the report.
• Corrected duplicate paraplanner name on client search screen.

Version 5.87 Release Notes - Production Deploy date 2023-01-26

AdviserGo

• Add Subscription Preferences to AdviserGO
• Improve accessibility for switch toggle inputs; will positively impact toggle label reading by screen readers.
• Adviser to AdviserGo Feature | Investment Bond Previous Top-ups Input Table
• Fixed a bug where a user could not change any percentage inputs to 0% under UK Plan Preferences > Fees & Taxation.
• Employment Incomes - Add a Receive Income While Disabled toggle allowing a user to specify to continue to receive income during disability period.
• Investment bond previous Top-ups and segment encashments are now available in AdvisorGo.
• Scotland tables and rates updated for 2023.
• Adviser to AdviserGo | Balance Sheet on screen view added in new Overview tab.
• Adviser to AdviserGo | Income vs. Expenditure on screen view added in new Overview tab.
• Adviser to AdviserGo | Upside, Downside, Interest & Dividend information shown where expected average already exists.

Other Applications

• ClientGo | Now supports full date of birth with feature key.
• ClientGo | The Edit Person page will now show most owned items, and allow you to delete a person if they do not own anything.

Version 5.86 Release Notes - Production Deploy date 2023-01-12

AdviserGo

• Balance Sheet now available in Adviser Go under Lets See tab.
• Income and Expenditure now available in Adviser Go under Lets See tab.
• Plan Notes now support markdown for better formatting and styling, and we have made multiple usability improvements to the rich content editor used in Client Notes.
• Itemized expenses are now validated to require descriptions with each item.
• Added plan start date to Plan Management and Plan Attestation screen.
• API Documentation added to Voyant support site

Other Applications

• ClientGo | Updates to client display names to ensure consistency with recent changes in AdviserGo.
• Vault | New filter by Uploader option and accessibility improvements.
• Vault | Add validation that Document Vault is empty prior to Disabling a Document Vault enabled Consumer User.

Version 5.85 Release Notes - Production Deploy date 2022-12-15

AdviserGo

• Enabled Salary Sacrifice feature
• Refined the display of client names throughout the application. Family names will be formatted as follows if the primary and secondary person have different last names: primaryLastName, primaryName and secondaryName secondaryLastName.
• Now displaying the correct sub-type on the dashboard screen for Savings accounts.
• Updated Market Assumptions Upload tool to handle special characters in Asset Class names.
• Plan Facts Report - Pension growth rates now included
• Budget updates 2022/2023 :
  • Income Tax
    • Personal Allowance : $12,570
    • Higher Rate Threshold: $50,270
    • Additional Rate Threshold: $150,000
    • Pension LTA : $1,073,100
    • Dividend Allowance: $2,000
  • Capital Gains Tax Annual Exempt Amount : $12,300
  • Inheritance Tax
    • NRB: $325,000
    • Res NRB: $175,000
  • Tax Free Allowances
    • ISA: $20,000
    • Junior ISA: $9,000
• Budget updates 2023/2024:
  • Income Tax
    • Personal Allowance : Frozen until April 2028
    • Higher Rate Threshold: Frozen until April 2028
    • Additional Rate Threshold: $125,140
    • Pension LTA : Frozen till April 2026
    • Dividend Allowance: $1,000
  • Capital Gains Tax Annual Exempt Amount : $6,000
  • Inheritance Tax
    • NRB: Frozen till April 2028
    • Res NRB: Frozen till April 2028
  • Tax Free Allowances
    • ISA: $20,000
    • Junior ISA: $9,000

Other Applications

• ClientGo | Fixed an issue where the import finances button would not be displayed in new plans.
• HOME | Added 2-factor login through SMS code
• ClientGo and HOME | Home and other consumer applications now support one-time passwords, both via emailed one time password or sent via SMS.

Version 5.84 Release Notes - Production Deploy date 2022-12-01

AdviserGo

• Added Only Use Preferred Payment Sources toggle to Multi-Year, Legacy and University Expenses steps.
• Fixed a bug where users could not enter 2nd decimal place 7.0x%
• Added Cashflow - Simple report
• Previously, if imported holdings exactly matched a model portfolio, this would disable the ability to edit the portfolio allocation. Now both Calculated Portfolios and model portfolios show the edit button when holdings are present.
• Cash Flow Detailed Analysis report updated to explicitly show payments from the insurance policy instead of in annual shortfall.
• The *Basics* tab of Whole Life, Disability and Critical Illness insurance types now includes an option to *Transfer Payout* to an account.
• Added Linked Debts to Critical Illness Insurance
• Default Investment accounts for Companies can no longer be deleted unless the company also has been deleted.
• Ability in AdvisorGo to link debts to term insurance and set pay off order.
• Features from Adviser now available in AdviserGo:
  • Ability to decide survivorship of other income after owners mortality.
  • Cashflow Simple Report
  • Term Life Insurance and Endowments now supports Maturity options for Payout at the End of the Term

Other Applications

• ClientGo | Various accessibility improvements.
• ClientGo | Users can now set existing trusts and companies as account owners. Accounts owned by these entities will be displayed in the Finances section.
• Vault | Updated Access Control and Error Pages

Version 5.83 Release Notes - Production Deploy date 2022-11-10

AdviserGo

• Plan Facts & Assumptions Report - New report which includes details on accounts, expenses (itemized and non-itemized), transfers and taxes among other items in the plan.
• Health and social care levy tax removed. Increase of 1.25% to national insurance rates have been reduced to .73% to reflect the 7/12 months that the increase was in effect.
• Updated Cash Flow Detailed Report to incorporate UK & IE taxes in the expenses section.
• Features from Adviser now available in AdviserGo:
  • Liquid Assets Detailed Report - projects the value of Savings, Investments and Pensions accounts over time. Non-liquid assets such as Property are not included.
  • Income vs. Expenditure Report - displays incomes, expenses, savings, taxes and resulting surplus or shortfall for the current year.
  • Show inflation as a valid asset class
  • Widower's Pension option added for Employment
  • "Tax as PAYE" added for Self Employed income sources

Other Applications

• *Admin* Updated user search parameters to include the search for both enabled and disabled users.
• *Admin* Added ability for users in a subgroup to share clients with users in their subscription who may not be in their subgroup(s).
• *HOME* Improved the look of the HOME app on mobile AND improved the look of the app as a whole

Version 5.82 Release Notes - Production Deploy date 2022-10-27

AdviserGo

• Added Windfall Tax functionality.
• Fixed a bug where IHT Tax and Taper Relief was always zero in Legacy View
• Fixed a bug where the user cannot edit LTA Escalation Rate after hitting backspace.
• Added the ability to select a Savings Account to Offset a Mortgage Debt and reduce Interest payments.
• End of Life announcement for Adviser as of Dec. 31, 2022. This is NOT for AdviserGo.

Other Applications

• *HOME* Application updated to show correct number of invitations sent.
• *VAULT* Added Client Search to Vault Transfer Action.
• *VAULT* Add Restrictions to Vault Transfer to prevent mistakes from low permissioned users.

Version 5.81 Release Notes - Production Deploy date 2022-10-13

AdviserGo

• Added the ability to manually specify the Plan Start Date when creating a new plan. The start date can be any date in the current year or any future date within the existing plan before Mortality End Date. No changes to client creation via integrations.
• Disabled default mortality age in plan preferences as an input field. It is now just a reference.
• Features from Adviser now available in AdviserGo:
  • Liquid Assets Simple report added
  • Property Taxation Options for Qualifies for Main Residence IHT Exemption and Qualifies for IHT Relief (BPR/APR) are now available in AdvisorGo.

Other Applications

• Admin Console | User Search can now show MFA status
• When inviting clients to create an account, the registration page is now branded for white-label customers.

Version 5.80 Release Notes - Production Deploy date 2022-09-30

AdviserGo

• Fixed display error on transfer pages for iPad users.
• Removed Money Purchase Contribution Limit Escalation Rate from Plan Settings
• Added enhanced validation message for major loss default age, zero value is accepted but an empty age input is not.
• Improved disabled state of major loss tab & inputs added in previous release.
• Retirement Summary Report | Lump Sum Savings insight was updated to use the retirement event by default. If the insight in the UI was run with a different event prior to generating the report (e.g. Plan Start), then Plan Start will be used for the insight in the report.
• Added ability to change email and password in the HOME application
• Expanded details on the importance of MFA in improving data security
• The Monte Carlo simulation now incorporates Inflation from Market Assumption parameters, if so configured.

Version 5.79 Release Notes - Production Deploy date 2022-09-08

AdviserGo

• Release notes are now available from directly within AdviserGo. Users will automatically see Release Notes when first logging in following an update, and further can access them anytime from within the client search page profile dropdown. Intentionally NOT enabled for Enterprise clients.
• White label subscribers can further customize their Voyant solutions to match their unique brand identity. All Voyant products now support customization of chart colors, including those in the Lets See and Asset Allocation modules as well as stage and goal progress colors.
• Added a plain language error notification when a user attempts to access a client for which they do not have appropriate permissions.
• Plan Settings | Exposed 4 preference items in the UI allowing for user entry.
  • 1. Assume Predeceased upon simultaneous death
  • 2. Show basic expense line
  • 3. Mortality Age
  • 4. Child owned accounts available in plan until age
• Added Additional User Search And Result Fields address, address2, province in Admin User Search dialog.

Version 5.78.1 Release Notes - 2022-08-16

AdviserGo

• Fixed an issue where the app would crash during client creation if a user entered an unusually high birth year value, for example reflecting an age of 120 years. Ancillary to the fix, the Retirement Age input is now a text field instead of a drop down.
• Updated AdviserGo Plan Preferences UI to Display and allow Edit of Major Loss values.
• Improved error message when the remaining estate distribution breakdown is not 100%

Version 5.77.0 Release Notes - 2022-07-29

AdviserGo

• Added additional data elements and options to Final Salary dialog.
• Augmented the Steps for Money Purchase Drawdown Pension to have the option to select Withdrawal Strategy of either FLEXI or UFPLS.
• Added a dismissable notification banner mechanism for Voyant Admins to alert users of system maintenance and other important updates.
• Added a field for pension strategy on a Planned Withdrawal step.
• A Commutation Rate field was added on the Final Salary screen for Maximum Lump Sum types.

Version 5.76.0 Release Notes - 2022-07-15

AdviserGo

• Fixed an annoying issue where the UI throws a birthday validation error when tabbing through the date inputs.
• Delivered several updates to AdviserGo 2-factor authentication login, including a new setup flow, improved error feedback, and emergency code backup.
• Removed Real Money from the title of the Taxes Detailed Report.
• Added Current Year Cashflow report to available report suite.

Version 5.75.0 Release Notes - 2022-07-05

AdviserGo

• Respect the language preference from one app to the entire Voyant ecosystem of apps, currently AdviserGo, HOME, Snapshot, ClientGo.
• Fixed a bug where a user could not clear percentages under the Beneficiary tab for Money Purchase.

Version 5.74.0 Release Notes - 2022-06-21

AdviserGo

• Property Buy Sell Rightsize goals added from ClientGo are now visible and editable within AdviserGo though not yet available to add directly in AdviserGo just yet.
• Added advanced details for Money Purchase to AdviserGo as have been available only in Adviser previously.
• Fixed a bug where the UI was not displaying the correct portfolio name for a portfolio with holdings.
• Improved the user experience for the last distribution in an Estate Plan by removing the disabled input fields
• Improved chart display in reports by de-coupling the legend from the chart image. This allows for better wrapping of text and larger chart display.

Version 5.73.0 Release Notes - 2022-06-07

AdviserGo

• Added the ability to model a company sale.
• Fixed an edge condition issue where goals with negative completion percentage would display a full progress circle graphic.

Version 5.72.0 Release Notes - 2022-05-20

AdviserGo

• National insurance thresholds updated for 2022.

Version 5.71.0 Release Notes - 2022-05-06

AdviserGo

• Fixed a bug where zeros were always shown for a debts estate value

Version 5.70.0 Release Notes - 2022-04-22

AdviserGo

• Improved the user experience by automatically setting term and whole life insurance as joint policies if the user selects more than one owner.
• Fixed an issue with the proper application of pension contribution limits after year one when using the Transfer In function.

Version 5.69.0 Release Notes - 2022-04-11

AdviserGo

• Corrected Liquid Asset inclusion in Net Worth calculation for reports.
• Corrected an issue with display of Custom Market Assumptions optional feature in plan settings.

Version 5.68.0 Release Notes - 2022-03-28

AdviserGo

• Updated search feature to allow users to search for locked clients in environments where that feature is enabled.
• Clients can now be locked from the Manage Access menu as an optional feature. Locked clients cannot be edited by anyone other than the person that applied the lock though other users can still open read-only. Only the original locker or users with elevated permissions are able to unlock a client.

Version 5.67.1 Release Notes - 2022-03-11

AdviserGo

• For UK Investments, if the type is Stock ISA, and the plan has a spouse, then a Spousal Inherited Allowance Contribution section will now be displayed.
• Corrected End Event label on AdviserGo Investment Returns Report to be Plan End.

Version 5.66.0 Release Notes - 2022-03-01

AdviserGo

• Updated the Select Goals reorder function under Report - Financial Summary page to allow user to drag and drop to rearrange goals. Note that caret icons are also clickable to reorder.
• Added the Net Worth goal to Fact Find, Retirement Summary, and where applicable Plan Facts reports.

Version 5.65.0 Release Notes - 2022-02-15

AdviserGo

• Cash Flow report now showing insurance death benefit in mortality year.

Version 5.64.0 Release Notes - 2022-01-28

AdviserGo

• To support backwards compatibility with Adviser a Cash Account balance now can be edited in AdviserGo if it was changed in Adviser. This is not applicable for plans created in AdviserGo.
• Inputs have been added to the state pension to give users the option to manually enter an escalation rate instead of using application internal triple and more recently double lock calculations.

Version 5.63.1 Release Notes - 2022-01-19

AdviserGo

• Added Pension report previously not available in AdviserGo (only Adviser).
• Corrected an issue with curent year net worth report when a corporate property is bought using corporate funds.

Version 5.62.0 Release Notes - 2021-12-21

AdviserGo

• Added Cumulative Taxes to the Taxes Chart Tooltip
• Dates that do not exist on the calendar, e.g. February 31, are no longer permitted in full date fields, including: person birth date, new plan start date in Update and Promote flow, stock grant dates and exercised/vested dates. Update and Promote now enforces that new plan start date is after existing plan start, and stock grants now enforce that vested/exercised dates are after the grant date.
• Added the ability to create Net Worth Goals via plus button.
• Fix a bug where the order of the goals under Financial Summary on the report does not match the UI
• Updated labelling on year view for Other Taxes : Other Taxes (NIC, HSC Levy, State Pension lump sum, Bonds)
• Updated Transact integration for version 8
• An additional 1.25% will be added to the NIC contributions made by most employees and employers in 2022 and will transition into a separate Health and Social Care Levy (HSC levy) tax in 2023. In 2023 NIC contributions will return to their previous 2021 rates. UK State pension indexation will use a double lock instead of triple lock starting 2022. The higher of CPI or 2.5% will be used and National Average Earnings will be removed from the options for indexation calculation.
• Scotland basic and intermediate income tax thresholds updated for 2022.

Version 5.61.0 Release Notes - 2021-12-08

AdviserGo

• Added Offshore Taxable Investment accounts to UK.
• Addressed an issue where previously, the Right Size What-If did not consistently display a validation when the user selected the Plan End event as timing.
• Loans to people in the plan were showing in the Not displayed on chart section. They will now be included in the chart, including spousal loans. Please note that Loans payments are no longer immediately deposited in the lender's cash account upon receipt, rather they are now treated as regular credits.

Version 5.60.0 Release Notes - 2021-11-15

AdviserGo

• Added more validation messages on the Dashboard where needed, especially for server side validation which was not being passed through.
• Clicking the Change Market Assumptions button in an obsolete market assumption alert will automatically change the plan to use the suggested assumptions.
• Added filter for Link to Existing Debt such that only properties not linked to another debt are displayed, as a debt can only be associated with a single property.

Version 5.59.1 Release Notes - 2021-11-02

AdviserGo

• Introduced new UI for the Reports Screen to add the ability to save multiple report sets.
• Change the default Lump Sum simulation event to plan start.
• Future Inherited Pension now available in Adviser Go.
• Fixed an issue with UK Investment -DGT beneficiary set as Estate of Insured being counted twice in Net Worth after Tax value.
• Improvements to Life Needs and Lump Sum Savings Simulations to correct indeterminacy issues.
• Added Inheritance Target Option for Drawdown Pension.

Version 5.58.0 Release Notes - 2021-10-18

AdviserGo

• Taxes Detailed Report now available for all regions (feature flagged).

Version 5.57.0 Release Notes - 2021-10-05

AdviserGo

• Fix a bug where a validation prevents a user from making changes to a system generated drawdown.
• Fix an intermittent bug where a home user is asked to create a client when they already have a plan.
• Main residence NRB now applied if an Estate Plan is set up with a property asset distribution going to a child in the plan.

Version 5.56.0 Release Notes - 2021-09-20

AdviserGo

• Corrected an issue wherein estate report options for spouse was showing up for plans without a spouse.
• Added a cyclical retry to the report status flow to reduce the incidence of invalid timeout message in UI.

Version 5.55.1 Release Notes - 2021-09-13

AdviserGo

• Corrected typo on Unwrapped Investments screen
• The ability to enable or disable the growth option on the Cash/Savings screens were incorrectly governed by Grow all investment and retirement accounts using asset allocation. Now corrected to use Grow cash account using cash allocation.

Version 5.54.0 Release Notes - 2021-08-31

AdviserGo

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Version 5.53.0 Release Notes - 2021-08-14

AdviserGo

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Version 5.52.0 Release Notes - 2021-08-12

AdviserGo

• For better usability, the UI will hide Pensionable Salary input field on a Final Salary if a linked income has been selected. In addition to that, the UI will show a validation error if the user didn't enter a Pensionable Salary and they also didn't select a linked income.
• Removed UK Pension accounts from an Estate Plan's designation list

Version 5.51.0 Release Notes - 2021-08-03

AdviserGo

• The timing alert should reflect the age/year edit of an event.
• Cumulative Taxes added to the chart tooltip and the detailed year view. Cumulative details include: (UK)Capital Gains Tax, Dividend Tax, LTA Tax, Additionatl Tax, Tax Credits.
• Fixed a bug that was preventing withdrawals from certain UK investment account types
• Updated distribution logic in Estate Plans. Ensured:
  • Distributions to a Non-Legal Partner is considered as Taxable Distribution (Spouses are considered as Non-Taxable Distribution)
  • Creation of an estate plan with a non-legal partner sets the default 100% to the non-legal partner
  • A single persons Estate Plan with no Spouse/Non-Legal Partner in the plan, defaults to 100% to Others
  • If there are no other people in the plan, the estate plan will default 100% to Person outside of the plan
  • If there are other people in the plan (child, grandchild, parent, etc), no defaults are added, and force one to specify the distribution breakdown.
• Replaced generic terms for people in the plan (like primary and spouse) with specific client names.
• Corrected an issue causing some tax deductible expenses not to reduce taxable income.

Version 5.50.0 Release Notes - 2021-07-13

AdviserGo

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Version 5.49.0 Release Notes - 2021-06-28

AdviserGo

• Editable stages added to the timeline. Recurring expenses, goals, contributions, or even periods of ownership for properties can be set by creating a stage in the timeline. | Details
• Estate item designation added | Details
• Added ability to save a frequently used set of reports. The report sets are saved locally on a per user account, per browser basis | Details .
• Corrected the IHT calculation affecting unmarried couples so that, on first death, the deceased's share of a jointly-owned mortgage is now offset against the deceased's estate value.
• Incomes, savings, investments, annuities, and pensions are now payment source options for debts and expenses.
• Asset allocation and beneficiary amount values greater than 99.9% and less than 100.1% are now allowed.
• Updated Balance Sheet Report to use beginning of year values
• The real money 'tool tip' was labelled 'from Plan Preferences', which is a holdover from Voyant Adviser. It should state: 'from Plan Settings'.
• Restricted certain investment types from being designated in an Estate Plan.
• Corrected Planned Withdrawals from Drawdown pensions so that tax is paid first.
• Updated detailed legacy screen to more clearly show asset distribution.
• Corrected a situation where the UI did not indicate that deletion of a person is disabled because that person owns events.

Version 5.48.0 Release Notes - 2021-06-14

AdviserGo

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Version 5.47.1 Release Notes - 2021-06-08

AdviserGo

• Corrected step contribution options to contain all of the parent model options as appropriate.
• Introduced the ability for a user, with appropriate report-on-behalf-of role, to be presented a cover page option when producing a report where they may select from a list of users with access to the current client by which the user profile information displayed on report cover page will be populated.
• The fee rates for Annuities, Savings, Investments and Retirement Savings accounts will now show on their respective screens. Users will have the ability to not only update the default fees in the Plan Settings screen, but also at the individual account level. Newly created accounts and existing accounts will use the Plan Settings default fee rate. The Plan Settings default will only change the individual account fee rates if they have never been altered by the user.
• Removed Purchase of a House from the Milestone Goal description.
• Added Other Trusts to the Planned Withdrawals screen.

Version 5.46.0 Release Notes - 2021-05-18

AdviserGo

• Added Balance Sheet to the report suite.
• Corrected missing translation for Disability event on the Event Report.
• Modified display logic such that the automatic mortgage repayment occurring after a property is sold now appears on the chart. It was in the Not Displayed on Chart section.
• Corrected a UI issue where the cost basis was mistakenly shown in the contribution column of the chart year view.

Version 5.45.0 Release Notes - 2021-05-11

AdviserGo

• Corrected UI logic to allow orphaned events that were once tied to a step was subsequently deleted to be deleted as well.
• Updated Save and Add another UI logic such that a new Education event is automatically created when using Save and Add another for an Education Goal.
• Corrected an issue preventing delete of a manually added retirement special event.
• Corrected an issue with display of Events icons for Special Events on reports.
• Addressed a latency issue with a model not displaying a new special event on the dashboard accordion without refresh.
• Corrected a calculation process when full taxable gain removes the personal allowance for the purposes of calculating the higher rate income tax on the top sliced gain.
• Special Events are now available to be added via the + button on the timeline

Version 5.44.0 Release Notes - 2021-04-19

AdviserGo

• Enhanced usability with alerts on exceptions, especially as regards the forthcoming Monte Carlo simulations which can be long running depending on the selected number of cycles.

Version 5.43.0 Release Notes - 2021-04-05

Adviser and AdviserGo

• Updated UI with Save and Add Another functionality on certain pages when using the + button where repetitive data entry is likely.
• Replaced basic/leisure/luxury approach to goal priority with selector that will allow user to pick the priority for the expense using scale of 1 to 10, with 1 representing most important level and 10 least.
• Added a Goal Priority Analysis insight option- additional detailed information forthcoming.
• Added Debt Sweep Options to Cash Sweeps
• Added a person type selector to top of person form and changed the last name validation process to occur only when primary or spouse selected.
• Added a new privacy mode toggle to the client list preferences screen such that a list of other clients is not inconveniently displayed during a client presentation session.
• Suppressed the Estate and Corporate rollup section on the Legacy tab if there are only personal assets.
• Added the ability in white labels to set expense naming and ordering.
• Added Cash sweep to Debts and Lines of Credit such that selected Debts are the primary sweep targets and selected savings accounts are subsequent (when the selected Debts are paid off).

Version 5.42.0 Release Notes - 2021-03-23

Adviser and AdviserGo

• Fixed the behavior of the Cancel button in the Add Event flow; it now cancels any update made to the event being added.
• Added a Number of Iterations control slider to Monte Carlo process; only visible if monte-carlo-iteration-controls feature is enabled, off by default.

Version 5.41.0 Release Notes - 2021-03-09

Adviser and AdviserGo

• Added the ability to change Market Assumptions in a Plan
• Corrected an issue with net worth value when Real Money option is selected- the Net Worth figure shown on chart hover differed from the value stated in the Net Worth field below the chart.
• Fixed several miscellaneous visual bugs for alignment of the event selection field on steps, and timing tabs, and inline event selections.
• 2021 budget announcement updates:
  • Child Trust Fund Contribution Limit remained at £9000 for 2021
  • ISA Contribution Limit remained at £20,000 for 2021
  • Junior ISA Contribution Limit remained at £9000 for 2021
  • National Insurance Earnings Threshold increased to £9,568 for 2021
  • Money Purchase Lifetime Pension Limit frozen at 2020 amount of £1,073,100 through 2025
  • Inheritance Property Exemption frozen at 2020 amount of £175,000 through 2025
  • Main Residence IHT Exemption Threshold frozen at 2021 amount of £2m through 2025
  • Inheritance Tax Threshold frozen at 2020 amount of £325,000 through 2025
  • National Insurance Earnings Upper Limit increased to £50,270 in 2021 and Frozen Through 2025
  • Personal Allowance increased to £12,570 for 2021 and Frozen Through 2025
  • Taxable Capital Gains Allowance frozen at 2020 amount of £12,300 Through 2025

Version 5.40.0 Release Notes - 2021-02-23

Adviser and AdviserGo

• Corrected a dependency for proper UI handling of the customize option for Estate Analysis- Detailed Reports (to allow more granular Estate Report selection).
• Made it possible to set withdrawal limit for drawdown pension independent of the money purchase account limit.
• Corrected an issue where the Fact Find report showed Income Protection incorrectly as type = Disability.
• Added support for subsequent stock grants in the Stock model under Future Grants.

Version 5.39.0 Release Notes - 2021-02-08

Adviser and AdviserGo

• Added the ability to select which estate scenarios are included in the detailed estate report. NOTE: the details tables for each scenario may be toggled on or off.
• Added the ability to compare plans in a list view. Find complete information here.
• Corrected fact find report language for Final Salary Pension. Was being displayed as type Defined Benefit Pension incorrectly.

Version 5.38.0 Release Notes - 2021-01-25

Adviser and AdviserGo

• Improvements to the UI loading state during report generation- Added the report loading state to additional views; added a meaningful success message which includes the client name and a link to recent reports.
• Improved the model portfolio slider slightly by adding a pip or tick mark indicator to each index of the slider.
• Modified session warning to occur earlier, now five minutes prior to end of session (system timeout).
• For the Adviser app only : Updated Family Balance Sheet Report to include child owned assets

Version 5.37.0 Release Notes - version not released in this region

Version 5.36.0 Release Notes - 2021-01-11

Adviser and AdviserGo

• Consolidated duplicate rows with non-overlapping data on Detailed Cash Flow Report- one row was through retirement, and a new row represented post-retirement, now a single row.
• Improved integration flows to better update holdings, including presenting User with dialog for holdings where data could not be retrieved and subsequent ability to look up and map those holdings.
• Default Asset Allocation module added to Plan Settings. Users will have the ability to update the default allocation which is applied to new investment and pension models. Find complete information here.
• For users that manage their own profile, send email to both old and new email address upon change.
• Added new data entry fields for Final Salary : survivorship applies, return individual contributions, individual contributions at start.
• Lifetime Allowance Escalation Rate, IHT Exemption Escalation Rate and IHT Property Exemption Escalation Rate editable through Plan Settings screen.

Version 5.35.0 Release Notes - version not deployed

Version 5.34.0 Release Notes - 2020-12-21

Adviser and AdviserGo

• Settings for scheduling future lump sum payouts from final salary pensions (defined benefit schemes) are now available on the Pensions > Final Salary (UK) and Defined Benefit (Ireland) screens in AdviserGo.
• The Asset Allocation chart on the main dashboard screen has been enhanced:
  • added the pie chart view as the default for core voyant (which shows the assets by type based on the beginning of year net worth chart data).
  • allow the user to switch to the investment asset allocation element.
  • allow enterprises to customize which is shown by default.
• Added a Stock Grant Model
• Regularly recurring lump sum expenses and goals can be set using a combination of start and end events and the special Expense Frequency setting on the Timing tab allowing for frequencies such as every 5 years. This NOTE added retroactively Jan 12, 2021.
• NOTE- Effective January 01, 2021, Voyant will end support for Internet Explorer. This means that IE is not on our supported browser list, but we are not actively blocking use of IE.

Version 5.33.0 Release Notes - version not deployed

Version 5.32.0 Release Notes - version not deployed

Version 5.31.0 Release Notes - 2020-12-07

Adviser and AdviserGo

• New chart design for all insights.
• Updated Protection Model event defaults:
  • critical illness : plan start
  • disability insurance : plan start -->retirement
  • estimated whole life : plan start -->mortality
  • long term care : plan start -->mortality
  • term : plan start
  • uk critical illness : plan start
  • uk income protection : plan start -->retirement
  • uk long term care : plan start -->mortality
  • uk term : plan start
  • uk whole life : plan start
  • whole life : plan start -->mortality
• Added Plan Worth chart display option
• Added an additional insight for Monte Carlo
• Changed the net worth asset categories to match the categories displayed in the asset chart.
• Fixed issue where debts owned by non-primary persons would decrease net worth. These records should now only decrease plan worth and be featured on balance sheet. Debts owned by primary persons still decrease net worth.

Version 5.30.0 Release Notes - 2020-11-16

Adviser and AdviserGo

• Added a new option in Preferences called "Show Dashboard Let's See" to toggle the main dashboard chart on and off.
• Corrected a timeout issue that could occur during report generation when there are a large number of accounts entered in the plan.
• Added a Real Money indicator to the selected reports list.
• Updated RSMR Market Assumptions
• Re-removed LTA Escalation from Default Assumptions.
• Added ability to include Real Money (using CPI) to the following reports:
  • Net Worth,
  • Cash Flow,
  • Assets Simple,
  • Assets Detailed,
  • Expenses,
  • Debts,
  • Estate.

Version 5.29.0 Release Notes - 2020-11-03

Adviser and AdviserGo

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Version 5.28.0 Release Notes - 2020-11-02

Adviser and AdviserGo

• Added a yes/no field to indicate "Is Earned Income" on Other Income records (note that existing Other Income records will default to no).

Version 5.27.1 Release Notes - 2020-10-19

Adviser and AdviserGo

• Migrated full support for all UK investment types to Adviser Go.
• Added a new historical insight simulation to Adviser Go. Find complete information here.
• Added Annuity tab to several models under the Asset Allocation "+" button including UK Money Purchase and UK Unsecured Pension.
• Augmented the available fields for the main annuity models, and added support for the future annuity type.

Version 5.26.0 Release Notes - 2020-10-19

Adviser and AdviserGo

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Version 5.25.0 Release Notes - 2020-10-05

Adviser and AdviserGo

• New "Administration" link added to the user menu allowing access to the Admin Console application.
• Updated calculations of capital gains taxes and losses carried forward to be aligned with UK.gov "If your total taxable gain is still above the tax-free allowance [i.e. the CGT allowance], you can deduct unused losses from previous tax years. If they [the losses] reduce your gain to the tax-free allowance, you can carry forward the remaining losses to a future tax year."

Version 5.24.2 Release Notes - 2020-09-21

Adviser and AdviserGo

• Updated logic such that the profile view on the main dashboard, as well as from the the clients list, is now editable.
• Addressed an issue when pensions at first death are transferred into an inherited pension for a surviving spouse (distributions outside of the plan)- they should not be counted in the total distributions outside of the plan summary.
• Users will only be allowed 2 active web sessions at any one time. If they login while 2 sessions are active, the oldest will be invalidated. If they attempt to use that session, it will require re-login.

Version 5.23.0 Release Notes - 2020-09-08

Adviser and AdviserGo

• All non-white labelled reports updated to use A4 paper size.
• Added interest only payment option to Line of Credit
• Visual enhancement in Compare Plans where items in the charts have the same color if they have the same name.
• Added an Update Timing link to help with user behavior when adding a record that has a recurring action (that does not also have default timing) to combat the error return of "A start and end event are needed when using contributions" for example.
• Corrected a minor discrepancy on dashboard with respect to number of goals met vs. percentage of progress where a goal with progress greater than 99% would display as 100% yet not be included in the number of goals met.
• Renamed the field previously titled 'Current Salary' for employment steps to 'Salary'
• Filtered Cash accounts out of Planned Withdrawal Account lists
• Corrected the Year View for situations where only one year of calculation data is available.
• Removed the Withdrawal Limit tab from the cash account steps.

Version 5.22.0 Release Notes - 2020-08-24

Adviser and AdviserGo

• Usability Improvement: Clicking the plan name from the main navigation will now show a dropdown list of the current plan family where one can easily switch to a different plan.
• All the tooltips on the charts in adviserGo can be locked/unlocked on click anywhere in the chart. NOTE this IS NOT enabled for touch devices.
• Corrected an issue where the payment frequency was not persisting after switching goals.
• Itemized expenses in What If Plans updated to inherit from Base Plan unless the What If itemized list is changed by the user at which point the connection with the Base Plan itemized list will be severed.

Version 5.21.0 Release Notes - 2020-08-14

Adviser and AdviserGo

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Version 5.20.0 Release Notes - 2020-08-10

Adviser and AdviserGo

• The zoomed-in view of a given stage or selected timespan (the time zoom) will now persist between the changes in chart types on the Dashboard, Let's See and Dual Charts.
• Corrected an issue with the Cash Flow Detail report wherein the Allocated To Savings figure could incorrectly contain another amount (e.g. a value that should be Tax Relief display in Allocated To Savings).
• Insurance premium input fields now show additional frequency options.
• Debt details can now be seen in year view which shows the split between interest and principle paid
• Additional client details now show province / country and primary / spouse ages.
• Added additional premium entry options for Insurance products where applicable. Users can now choose to add their premiums as monthly, yearly, weekly, biweekly, semi-monthly, quarterly and semi-annually.
• Corrected an issue with incorrect calculation of CGT where a client has earned income less than the personal allowance (e.g. 0).
• Added age and location of the client(s) to the client details dialog.
• Fixed a minor display issue on the Estate Report where apostrophes were not displayed at end of plan owner name prior to "s" to indicate possessive (e.g. John's, Mary's).

Version 5.19.0 Release Notes - 2020-07-31

Adviser and AdviserGo

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Version 5.18.1 Release Notes - 2020-07-27

Adviser and AdviserGo

• Refactored Charts initial release to Production
• Added more detail (Dividend Income for example) to AdviserGo Fact Find report Income section
• Updated Steps to get defaults for various properties such as bonuses and dividends from the "parent" item.
• Added an error for Lump Sum and Annual Savings insights when the user chooses mortality as the event.
• Financial Summary Report updated to show an error if mortality is the chosen event for a Lump Sum or Annual Savings Insights.
• Advisors now have the option to see additional clients details in the client view on Go by clicking on the three dots (ellipsis) to the far right of the client view. Details including the name of the advisor who created the client, the date the client was created, the name of the advisor who last modified the client, the date the client was last modified and the names of the primary client and spouse are available.

Version 5.17.0 Release Notes - 2020-07-20

Adviser and AdviserGo

• Refactored Charts initial release [did not go to Production]

Version 5.16.0 Release Notes - 2020-07-13

Adviser and AdviserGo

• Previously unable to add a crystallization from the Pension Details view.
• Added section subtotals to the Fact Find report (AdviserGo).
• Fixed an issue where one time payments scheduled on debt won’t show up in the additional payment section in the UI.
• Add logic to prevent auto SSO follow through after UI session timeout directs user to the login page (to prevent automatic looping login situations).
• Addressed the need for Other Income input to have multiple owners
• Implemented an infrastructure update to better handle fonts, styles and svg images in PDF reports, particularly when opened in MS Word.
• Corrected an issue wherein a protection policy linked to a mortgage did not reflect properly in the cash flow (the proceeds did however calculate properly against the mortgage.)

Version 5.15.0 Release Notes - 2020-06-29

Adviser and AdviserGo

• Changing the owner of a new goal updates the default events with the appropriate time window. Also retirement validations for new models now only fire if the owners hold retirement events.
• The Investment Returns simulation now has a configurable threshold for white label customers. If the threshold amount is breached, a message is displayed to that effect.
• Update the simulation UI view to show a conditional warning message from the calc response
• Allow adviserGo users to edit the Display Name value in their user profile. This is used in reports if non-empty in lieu of the First and Last Name, provided there is no overriding Team Display Name.
• If no client language is available, default the report display language to the current display language of the user.
• Employer Contribution Type "Fixed" now has the option for inflated amounts. These values will be inflated using the same calculations as inflated individual contributions.
• Contributions previously labeled as "Fixed Amount" are now labeled "Amount". These contributions will no longer be inflated based on step start date or contribution start date after plan start. "Fixed Dollar Amount with Inflation" and "Fixed Amount with Inflation" labels have been changed to "Amount with Inflation" and functionality will remain unchanged.
• Corrected some discrepancies with access level from both adviser's and home user's perspective- as follows:>
  From the advisor's view :
  • you should see the parent plan of the active family and NOT be able to change its access level
  • you should see all the advisor related what ifs and you SHOULD be able to change their access levels
  • you should see a separate list of the home user created plans and you should NOT be able to change their access levels
  From the home user's view :
  • You should only be able to see plans from the active family
  • You should NOT be able to see any advisor created HIDDEN what if plans
  • you SHOULD see advisor created READ what if plans
  • you SHOULD see consumer created plans within the active family
• Plans that are marked as hidden to the client no longer show
• The client access view now focuses on the active plan family. It also shows the base plan / what if plan relationship like the 'my plans' view.

Version 5.14.0 Release Notes - 2020-06-15

Adviser and AdviserGo

• Education Summary Report chart legend categories now match the UI- also removed the superfluous legend regarding future value.
• Corrected the omission of a space between name and age in some chart views.
• Made error messaging for integration import more specific.
• Removed the update option from the plus button for 'what if' plans- it is not an allowed action.
• Corrected two issues with Recent Reports listings regarding ability to download again or to save.
• Added capability for Users that have multiple languages available for a client to pick the desired language for the report. If a language has already been set at the client level, the report language selector will default to that client's language.
• Improved integration management to prevent updating of locked/attested plan.
• Addressed an issue with process when completely changing a user's team membership and default team, added support to change a user's username via the bulk user update mechanism.

Version 5.13.0 Release Notes - 2020-06-01

Adviser and AdviserGo

• Corrected Money purchase no employment tax relief maximum to remain the same in 2020 as in 2019.

Version 5.12.4 Release Notes - 2020-05-21

Adviser and AdviserGo

• Voyant Adviser Synchronization has been modified to increase speed and usability. Only clients opened or modified in the last 14 days will be synced at Voyant Adviser startup going forward. Eligible clients are synced when opened and saved. The My Clients tab now shows all connected clients available on the server. The newly added Synced Clients tab shows all connected clients that have been synced at some point on a specific machine. See our Knowledge Base article for more detailed information.
• Fixed a bug that when there are multiple transfers into a pension, each of the transfer amount should be accounted against the annual contribution limit of the pension.
• Corrected an issue with Rate of Return on Investment Returns Insight.
• Education Summary Report chart legend categories now match the UI.
• Education Goal module - change default to three years for the UK release only.
• While importing data from Intelliflo, AdviserGo now suggests what Intelliflo expenditures and accounts should be skipped and not added to a Voyant plan.

Version 5.11.0 Release Notes - 2020-05-07

Adviser and AdviserGo

• Added Primary and Spouse ages on the Detailed Cash Flow report
• Minor layout update to Financial Summary report
• Added ability to indicate a Loan one time payment is at the beginning or end of the year
• Corrected an issue where future loans which get changed to an existing loan caused a calculation error.
• Enforced a rule so integration updates only occur on the base plan.
• For taxable accounts which allow for multiple owners, the "Percent of Income" contribution option now includes eligible incomes for all owners on the account.
• Corrected the display of two-step code field in client registration process

Version 5.10.0 Release Notes - 2020-04-27

Adviser and AdviserGo

• Added Education Goal and Expense under goals and expenses section in Adviser Go
• Added Education summary report to summarize education goals in Adviser Go
• Corrected an issue with Events report where special character in the event name would cause report failure in Adviser Go
• Corrected an issue with Plan Worth chart where it would not show non legal partner's assets in Adviser
• Various other UI improvements

Version 5.9.0 Release Notes - 2020-04-09

AdviserGo

• Improved Update and Promote flow by dividing the flow in two parts. Promote part of the flow will promote the plan and then Update flow will give users option to update plan items
• Corrected an issue where click on Update Holdings would not work
• Took out frequency label from Term Insurance salary multiplier field
• Corrected an issue with incorrect pension contribution when transfer feature is used
• Corrected an issue with entrepreneur relief where it was not being limited to lifetime limit
• Updated entrepreneur relief 2020 limit from $10m to $1m
• Various other UI improvements

Version 5.8.0 Release Notes - 2020-03-26

AdviserGo

Budget 2020 updates

• Updated child trust fund contribution limit to £9000
• Updated junior isa contribution limit to £9000
• Dividend basic tax rate updated to 7.5%
• Updated married allowance to 0
• National insurance earning threshold class4 updated to £9500
• National insurance earning threshold updated to £9516
• Personal allowance updated to £12500
• Scotland tax brackets updated to £2085, £12658, £30930, £150000
• Capital gains allowance updated to £12300
• Entrepreneur relief updated to £1000000
• Employer nic table updated to £6240, £8788, £50000
• Income threshold tapering updated to £240000
• Minimum pension allowance updated to £4000

Other Improvements

• Added Qualifies for Entrepreneur option to Unwrapped investment
• Corrected an issue with Assumptions report generation
• Added Transfer option to money purchase pension
• Corrected Final Salary timing label
• Made several accessibility improvements
• Various other UI improvements

Version 5.7.0 Release Notes - 2020-03-12

AdviserGo

• Added Recently Reviewed Reports functionality to keep track of all recently generated reports
• Added a link on Report page to show all recently generated reports
• Added a filter by plan names on recently generated reports screen
• Added sort feature on report creating time on recently generated reports screen
• Added download link on recently generated reports screen to download already generated reports again
• Added entrepreneur relief option for a business property
• Added a progress spinner on report generation page
• Corrected an issue with report generation for plans having special characters in the plan name
• Corrected an issue with leagcy expense where chart showed shortfall despite availability of funds
• Corrected an issue with Update and Promote flow by removing invalid items that do not fall with in the new timeline of the plan
• Corrected an issue with additional payment of line of credit where it was not being included as an expense
• Various other improvements to reports

Version 5.6.0 Release Notes - 2020-02-27

AdviserGo

• New options under Carryover Assumptions screen
• Added pension lifetime allowance and carry forward options
• Added nil rate band carry forward and previous PETs
• Added capital gains options
• Added Dividends and Bonuses to Fact Find report
• Added more options under Carryover Assumptions
• Added icons to indicate ownership of goals, accounts, expenses, etc. Hovering over the icons will show the owners
• Updated a property's linked liability to be paid when the property is sold to avoid an extra year of interest
• Disallowed legacy expenses from creating a deficit on the charts despite availability of funds
• Corrected an issue where a loan was not fully repaid as expected when the lender is the client and the borrower is set to "Outside of Plan"
• Plan families sorted in the UI with the newest plans first and older plans after
• New options under Carryover Assumptions screen

Version 5.5.0 Release Notes - 2020-02-13

AdviserGo

• Corrected an issue with retirement spending insight where it would timeout
• Corrected an issue with cash account name where it would not update once owner name is updated
• Corrected an issue with Joint insurance policies where it would not let user pick two insured people
• Corrected an issue with Carryover Assumptions error message by adding a delete button in the UI to clean up the duplicate item
• Corrected an issue where what-if plan appends the date after promotion of base plan
• Corrected an issue with real money insight
• Corrected an issue with Intelliflo imported accounts by importing asset(type investment) as Stock ISA/Junior ISA
• Implemented new top slicing rules for offshore and onshore bonds
• Added an option to enter plan name while creating a what-if plan from Create a copy option
• Made several accessibility improvements

Version 5.3.2 Release Notes - 2020-01-30

AdviserGo

New Features

• Added Plan families - ability to view all active and non-active older plans on the My Plans screen
• Indicated mandatory fields with asterisk across all items and options
• Changes to Taxes option
• Renamed it to Carryover Assumptions
• Added service in the background to automatically add taxes for plan members
• Took out the option from add menu as now application adds the information automatically when a new plan member is added to the plan
• Reorganized options to fall under their relevant bucket
• Made deletion of a plan member easy by clearing out the taxes item automatically
• All plan members information can be accessed with help of one click
• Update on multiple plan members can be saved together

Other Improvements

• Updated default withdrawal limit of line of credit to Do Not Allow
• Corrected an issue with reports where they would not generate when there is a planned withdrawal in the plan
• Added various accessibility improvements

Version 5.1.7 Release Notes - 2020-01-16

AdviserGo

• Corrected an issue with generation of Loss Capacity report
• Corrected an issue with event name when created on Timing tab
• Corrected an issue with Annuity commencement event where it would not persist

Version 5.1.6 Release Notes - 2019-12-26

AdviserGo

• Corrected: Missing loan payments on detailed cashflow chart
• Corrected: Drag and Drop behavior on cash sweep and preferred source options
• Corrected: Networth when a property is purchased at start of the plan using a Debt
• Corrected: Property liquidation owner name
• Corrected: State Pension default value now set to 0
• Improvement: Updated labels on Retirement Spending simulation
• Improvement: Updated language on update and promote panel

Version 5.1.4 Release Notes - 2019-12-12

AdviserGo

• New Feature: Added Cash accounts for plan members with sweep and step up/down options in the UI under Savings and Investments
• Improvement : Updates to holdings UI and functionality
• Improvement : Updates to Accessibility
• Corrected: cancel button functionality so data entered prior to cancelling would properly rollback to original value
• Corrected : Deleting a one-step payment from a liability still retained linked information on the event
• Corrected : Event information for non-active plans in report
• Corrected : Incorrect Total number of clients displaying on client dashboard
• Corrected: Finametrica report where v2 dataset was being used for v3 report

Version 5.1.2 Release Notes - 2019-11-26

AdviserGo

• Enabled PDF report contents to be copied into Microsoft Word
• Various other improvements

Version 5.1.1 Release Notes - 2019-11-21

AdviserGo

• Corrected an issue with Estate Plan screen where distribution percentage was not editable if more than 100%
• Corrected an issue with event error reporting when imported using Iress integrations
• Various other minor UI improvements

Version 5.1.0 Release Notes - 2019-11-14

AdviserGo

• Added preferred payment sources to AdviserGo as an option for expenses, debts (for loan payoffs) and Property/Assets for use when scheduling future property purchases
• Added Estate Report which allows advisers to show clients how both their own assets and their spouse’s assets will fair after death
• Corrected an issue with cashflow detailed chart with select all toggle unchecked
• Various other minor UI improvements

Version 5.0.57 Release Notes - 2019-10-28

AdviserGo

• Added client name to Detailed Taxes report
• Corrected an issue with adding Asset Allocation on Steps
• Added more years to the Word Cashflow Detailed report
• Updated disability insurance max benefit age to 65 from 67
• Corrected an issue with bespoke mortality age preferences

Version 5.0.56 Release Notes - 2019-10-16

Adviser and AdviserGo

• Corrected an issue with legacy report where it was miscalculating estate value after tax
• Corrected an event issue with IRESS integration

Version 5.0.55 Release Notes - 2019-10-10

Adviser and AdviserGo

• Corrected an issue with asset allocation display in financial summary report

Version 5.0.53 Release Notes - 2019-10-03

Adviser and AdviserGo

• Corrected an issue with Legacy overview where insurance value was not accounted in to after tax value
• Added an option in Admin console to search users without a specific role
• Corrected an issue with 2 step authentication submit button where enter would not work

Version 5.0.52 Release Notes - 2019-09-18

Adviser & AdviserGo

• Updated 2019 NI thresholds
• Corrected an issue with Loss Capacity insight where it would not generate results
• Added copy and archive feature in admin UI to make it easy for user to branch a client to a new record and archive the old one
• Corrected an issue with Real Money RPI return rate on chart button

Version 5.0.50 Release Notes - 2019-09-08

Adviser and AdviserGo

New Features

• Added 5 new frequencies – Weekly, Biweekly, Semimonthly, Quarterly, Semiannually to payments, contributions and income items
• Added Real money insight in AdviserGo whcih gives an overview of how future assets look like in today’s currency, subtracting the RPI (Retail Consumer Index) This way, you can equate any monetary value in the plan in today's terms
• Added Estate Plans and Estate Distributions in AdviserGo. This comprehensive feature allows advisers to show clients how both their own assets and their spouse’s assets will fair after death. Advisers and clients can easily glimpse details like the consequences of inheritance taxes
• Added Loss Capacity insight in AdviserGo which allows you to examine how much any liquid or pension asset (excluding cash) a plan could potentially lose while achieving plan objectives.Also, added report to help advisers look at detailed results
• Added an option to open AdviserGo from Client menu in the admin UI
• Added Active Final salary in AdviserGo under Pension
• Added support for IRESS integrations
• Added support for Intelliflo integrations

Other Improvements

• Corrected an issue with income protection coverage amount where entered amount would not persist
• Updated the Retirement Spending simulation to include the spending amount in the basic need line
• Corrected an issue with Early mortality what-if flow
• Updated RSMR new market assumptions

Version 5.0.48 Release Notes - 2019-08-26

Adviser and AdviserGo

• Improve Sync Error Message Reporting
• Fix FinaMetrica Joint Report issue
• Update Fact Find Report to new format

Version 5.0.43 Release Notes - 2019-08-08

Adviser and AdviserGo

• Corrected an issue with estate and inheritance overview excel report where it was missing estate distribution and inheritance tax details
• Corrected an issue where plan asset allocation was not showing up in default assumption report
• Corrected an issue where tax year formatting was not correct in the detailed yearly section

Version 5.0.41 Release Notes - 2019-07-25

Adviser and AdviserGo

• Corrected an issue where charts would not load for a plan with PET data
• Added additional search filter for subscription search
• Corrected an issue with Total Estate value where previous year taxes row was missing

Version 5.0.36 Release Notes - 2019-07-04

Adviser and AdviserGo

• Corrected an issue where account name would not show up for dividend and yield
• Corrected an issue with Final Salary start event for type deferred
• Various other minor improvements

Version 5.0.30 Release Notes - 2019-06-21

AdviserGo

• Correct an issue Action Item report
• Removed invalid Lifetime Allowance setting from default assumption report
• Various other minor improvements

Version 5.0.29 Release Notes - 2019-06-13

Adviser and AdviserGo

• Correct an issue with Update and Promote
• Corrected an issue with Need Analyzer simulation
• Various minor report improvements

Version 5.0.27 Release Notes - 2019-06-05

Adviser and AdviserGo

• Corrected an issue with Networth tool tip where negative networth was not displayed properly
• Corrected an issue with planned and actual contribution numbers in chart details

Version 5.0.24 Release Notes - 2019-05-28

Adviser

• Corrected an issue on the Planned Withdrawal screen

Version 5.0.23 Release Notes - 2019-05-24

AdviserGo

• Updates to What-if simulations
• Updated client file version on reports to new format
• Various other UI improvements

Version 5.0.21 Release Notes - 2019-05-20

AdviserGo

• Added Loans under Debts bucket
• Person to Person Loan
• Loan to person outside the plan
• Various other UI improvements

Adviser

• Improved Estate Planning screen with following features
• Added option to give a fixed amount to charity and spouse
• Ability to change the order in which the estate should be distributed
• Various other UI improvements

Version 5.0.20 Release Notes - 2019-05-08

AdviserGo

• Corrected an issue with Term Life where timing would not persist
• Corrected an issue with Financial Summary report where it would fail to generate
• Corrected an issue with Networth report where it would fail to generate if plan has no liabilities
• Various other UI improvements

Adviser

• Corrected an issue with Overview - General(Events & Account Overview) report where apostrophe was misrepresented in Word
• Various other UI improvements

Version 5.0.16 Release Notes - 2019-04-10

Adviser

• Updated 2019 tax bracket for Scotland to £2049, £12444, £30930, £150000
• Corrected an issue where carry forward taxes at death were not being paid by estate
• Corrected an issue with Loan Trust repayment when withdrawal limit is set to Scheduled Only
• Corrected an issue with Cashflow Detailed report by taking out extra State Pension entry

AdviserGo

• Corrected an issue with Cashflow Detailed report by taking out extra State Pension entry
• Corrected an issue where UFPLS withdrawals strategy would not persist in the added withdrawal
• Corrected an issue with networth value in Financial Summary report

Version 5.0.12 Release Notes - 2019-03-12

Adviser

• Performance improvements for users with large numbers of clients and versions.

Version 5.0.2 Release Notes - 2019-02-28

Adviser

• Increase or decrease future debt payments using Steps. For details click here
• Linked Expenses removed from Debts
• Corrected issue with text size on Help Dialog menu

AdviserGo

• Ability to schedule the future crystallisation of money purchases added to AdviserGo. For details click here
• Increase or decrease future debt payments using Steps. For details click here
• Access frequently used clients with new Recent Clients feature. For details click here
• Property now has options to link Income and Expenses. For details click here
• Corrected issue with Financial Summary report failing to generate

Version 4.6.14 Release Notes - 2019-01-31

Adviser

• Withdrawal Limits - Users can designate a minimum balance on an account. For details click here
• Added Search By Entity Group name to User and Subscription search
• Added additional User Search by fields: Subscription Name, Subscription Group Name, SubscriptionGroup Id, Subscription Group Href Id
• Withdrawal Limit option of Max Without Penalty only available for bonds

AdviserGo

• AdviserGo now has the same Chart Details functionality as Adviser. You’ll now be able to see all transactional details in AdviserGo. Yearly chart details can be accessed from either the Dashboard or the Let’s See screen. For details click here
• Editable Plan Preferences are now fully available in AdviserGo. You can find these under Plan Settings in the Dashboard. You now have the power to edit client-specific preferences directly from AdviserGo. For details click here
• Inflation / Growth Rate
• Fees & Taxation
• Liquidation Order
• Savings Order
• Calculation Setting
• Added new option called One Time Payments where entire debt or a specific amount can be paid off on debts or lines of credit. here
• Withdrawal Limits - Users can designate a minimum balance on an account. For details click here
• Withdrawal Limit option of Max Without Penalty only available for bonds
• Added Percent of GAD withdrawal limit for drawdown pension. For details click here
• Various report bug fixes

Version 4.6.10 Release Notes - 2019-01-14

Adviser

• Added a new withdrawal limit called Minimum Balance
• Added Percent of GAD withdrawal limit for drawdown pension
• Corrected an issue with preferences text size on Mac when its set to max

Version 4.6.3 Release Notes - 2018-12-12

Adviser

• Planned Withdrawals Get the Spotlight! You’ll no longer input withdrawals under Investments or Pensions. Instead, withdrawals will have their own section. For details click here and for videos click here
• A new panel called Withdrawal Limits has been added to the Money Purchase and Drawdown Pensions screens for use in setting limits on when and how money can be withdrawn from a pension. To view the software’s default withdrawal settings for Money Purchases, open the Pensions > Money Purchase screen. For details click here here
• Added ability to client search by adviser email in Adviser

UK Budget Updates - 2019

• The personal allowance will increase by £650 in April 2019, to £12,500
• The Higher-rate income tax threshold (currently 40%) is going up to £50,000, from £46,351
• The Lifetime Allowance is due to rise by 2.4 per cent to £1,055,000 in 2019
• Junior ISA allowance will get an inflationary increase from April 2019 to £4,368
• There’s no change to the adult ISA limit, which stays at £20,000
• The capital gains tax allowance will increase by £300 to £12,000 from April 2019

Introducing new features in Adviser Go

• Introducing Planned Withdrawals in Adviser Go! This change will introduce some additional flexibility, making it easier to structure withdrawals according to the client's needs. For details click here and for videos click here
• Introducing Withdrawal Limits in Adviser Go! Withdrawal Limits are the restrictions you place on taking ad hoc withdrawals from a given investment in order to fulfill expenses after other income sources have been exhausted in the plan. For details click here here
• Introducing Steps in Adviser Go! Steps allow for the details of a plan account to be stepped up or down at any point in the plan timeline. These include account contributions, growth rates, and liquidation limits.
• Introducing Transfers in Adviser Go! Transfers introduces the ability to easily move money from one account to another within a plan.

Adviser Go - Other features and Improvements

• Various report bug fixes
• Added ability to client search by adviser email in Adviser Go
• Improved UI design for New Property, Goals and Debt
• Hide All/Show All toggle for charts now available

Version 4.5.72 Release Notes - 2018-11-01

Adviser & Adviser Go

• Fixed surplus/shortfall number for Cash Flow report when there is an unfulfilled expense
• Corrected an issue where Cash Flow report not showing Tax Credits for previous year

Version 4.5.67 Release Notes - 2018-10-04

Adviser

• Corrected an issue where transferring a client to another user using subscription manager role would not work

Adviser Go

• Corrected an issue with life needs simulation chart data
• Corrected issue with Investment Portfolio slider link not working on Investments and Pension screen

Version 4.5.66 Release Notes - 2018-09-26

Adviser Go

• Updated user interface design for an easier user experience
• Improved error validation on Create User page for invalid emails or phone numbers
• Corrected issue with Milestone Expense timeline error messages
• Corrected issue with Property only displaying one liability when it possessed more than one
• Corrected issue where pie charts stopped showing labels

Version 4.5.65 Release Notes - 2018-09-06

Adviser

• Corrected issue with Money Purchase Pensions to consider the pension fully crystallised for owners over age 75 at the start of the plan
• Corrected final salary lump sum over allowance tax rate from 55% to 25%

Adviser Go

• Corrected issue with Insurance item start and end dates incorrectly being moved
• Goal creation no longer creates corresponding expense

Version 4.5.63 Release Notes - 2018-08-23

Voyant Adviser

• Corrected VCT tax relief for contributions greater than 200,000
• Corrected UI issue where duplicate transfer line items would appear in the CashFlow detailed chart
• Updated Lower Profits Limit Self-employed people start paying Class 4 National Insurance to £8,424
• Updated Upper Profits Limit Self-employed people pay a lower rate to £46,350
• Various other UI improvements

Adviser Go

• Improved "Is Client Already Retired" option on create a client screen to get set based on birth year input
• Corrected withdrawal option issues for Line of Credit
• Various other UI improvements

Version 4.5.61 Release Notes - 2018-08-13

Voyant Adviser

• Debt menu payment amounts now default to monthly instead of yearly
• Corrected an issue where surplus on simple cashflow was showing the amount specified in trasnfers screen
• Various other UI improvements

Adviser Go

• Debt menu payment amounts now default to monthly instead of yearly
• Various other UI improvements

Version 4.5.58 Release Notes - 2018-07-20

Adviser

• Client Archive - Users with the Client Archiver role can now archive client records. The new client archive flag allows client records to easily be excluded from client search, client synchronization, and client analytics
• Corrected Final Salary reduction calculations concerning tax due to LTA overage caused by the lump sum portion of the Final Salary

Version 4.5.56 Release Notes - 2018-07-11

Voyant Adviser

• Removed duplicate Step up/down menu option

Version 4.5.54 Release Notes - 2018-06-22

Voyant Adviser

• Corrected issue with Detailed Asset Report where chart colors did not match legend icon colors
• Can no longer delete primary tax information
• Various other UI improvements

Adviser Go

• Corrected issue with Detailed Asset Report where chart colors did not match legend icon colors
• Debt/Line of Credit – Added interest is tax deductible option
• Basic/Leisure/Luxury Expense - Added tax deductible option
• Various minor improvements to Reports
• Various Other Mobile and Desktop UI Improvements

Version 4.5.49 Release Notes - 2018-06-05

Voyant Adviser

• Voyant Adviser is getting a facelift, we are giving our colour palette a modern update to match the hues used today in AdviserGo. Our new colour palette is web-friendly, easy on the eyes, works well on tablets and accommodates a broader array of hues essential for detailed charts. Moreover, our future development in the Go product suite will be designed around this palette
• Improved liquidation order to allow Line of Credit to separately prioritized above other accounts in liquidation order
• Corrected an issue where WholeLife cash value was not showing up in networth/planworth and in assets chart
• Updated money purchase contribution phase out calculation to include employed benefits in kind and company owner dividend income
• Corrected an issue where final carried forward taxes left unpaid in the estate processor
• Various other UI improvements

Adviser Go

• Corrected fact find report to take out duplicate annuity items
• Corrected reports cover page to show Adviser address
• Corrected Retirement Summary report to show correct savings per-annum number
• Corrected a UI issue where a validation error message would appear if an income is saved for an year with same start and end event
• Various other minor improvements to Reports
• Various Other Mobile and Desktop UI Improvements

Version 4.5.46 Release Notes - 2018-05-21

Voyant Adviser

• Corrected Trusts - fixed table to allow entry of previous PETs and CLTs within the past 14 years
• Various other UI improvements

Adviser Go

• Corrected an issue with Cashflow report where Drawdown Pension would not show up in the report
• Corrected an issue with Retirement Summary report where it would not generate for cases with milestone goal
• Corrected report footer issue where it would show current plan's name in the footer instead of selected plan
• Updated reinvest yield option for investments to be 'Yes' by default
• Updated Critical Illness to have only one event on the Timeline
• Various Other Mobile and Desktop UI Improvements

Version 4.5.44 Release Notes - 2018-05-07

Voyant Adviser

• Added "Percent of Equity" option for Line of Credits
• Added ability to make payments on line of credit and payoff a line of credit in exactly same manner as a regular debt
• Added an informational field on regular Debt screen called Debt Type
• Various other UI improvements

Adviser Go

• Added "Percent of Equity" option for Line of Credits
• Added ability to make payments on line of credit
• Added an informational field on regular Debt screen called Debt Type
• Improved Events and Retirement Summary reports by adding more relevant details
• Various Other Mobile and Desktop UI Improvements

Version 4.5.38 Release Notes - 2018-04-20

Adviser

• Corrected issues with balance sheet
• Updated triple lock on state pension to use CPI instead of rate of inflation
• Upgraded Finametrica version to 3.0
• Various other UI improvements

Adviser Go

• Added a sample whole life csv with 'Download Sample File" link on Whole life screen
• Added Primary's and Secondary's age in reports
• Made improvements to fact find report by adding more relevant details
• Added hover over feature on the timeline events. Now you can quickly view the details on any event in the Timeline by hovering over the event
• Various Other Mobile and Desktop UI Improvements

Version 4.5.34 Release Notes - 2018-04-04

Voyant Adviser

• Corrected an issue with Balance Sheet report for single person plans

Version 4.5.31 Release Notes - 2018-03-15

Adviser Go

• Updated Pre-Retirement and Retirement Goal default events
• Replaced radio buttons with easy to use dropdown menus to make it easier to mark fields as yearly or monthly, yes/no,and so on
• Improved Insights performance, each tweak you make to an Insight will auto-load, saving you the hassle of more clicks
• Added a new way to filter through client plans, assuming three or more plans with at least one active plan
• Corrected issues with Financial Summary and Retirement Summary reports
• Various Other Mobile and Desktop UI Improvements

Version 4.5.30 Release Notes - 2018-02-28

Voyant Adviser

• Corrected an issue with Events and Overview report where previous scenario data would appear in the report
• Corrected an issue with Illustrated Whole life for the case where policy was saved without any data
• Tax update - changed LTA to use CPI instead of the Inflation preference
• Scottish tax update 2018 - Higher rate band lower threshold changes from 32,423 to 31,580
• Corrected an issue final salary where it was not being transferred at mortality but instead ended up left in the name of the estate
• Various other UI improvements

Adviser Go

• Introducing new improved Timeline with drag & drop feature. Event selection and creation has been improved to give user a very friendly and guided approach.For more detailed information and instructions, click here
• Made improvements to Reports
• Various Other Mobile and Desktop UI Improvements

Version 4.5.28 Release Notes - 2018-02-07

Voyant Adviser

• Child Trust contribution limit changes to £4,260
• Junior ISA contribution limit changes to £4,260
• Money Purchase lifetime contribution limit changes to £1,030,000
• UK lower tax bracket changes to £34,500
• Scotland tax brackets change to £2,000, £12,150, £32,423, £1,50,000
• Scotland tax rates change to 19%, 20%, 21%, 41% and 46%
• Annual income limit for phaseout of personal allowance changes to £28,900
• Personal Allowance changes to £11,850
• Capital gains allowance changes to £11,700

• Added Max Contribution feature under Contribution section for Investments and Pensions
• Added additional Tax Brackets and Rates for Scotland under Detailed Taxes screen
• Updated "Additional Taxes" on Taxes chart to read "Other Taxes"
• Improved potential IHT simulation for scenarios where primary and spouse mortality years are different
• Corrected Balance Sheet Report to show properties purchased in current year to keep consistent with on screen presentation
• Pre-existing CLTs - Fixed scenario initialization for trust accounts having multiple settlors
• Updated Liquidation Order and Sort Order options under Preferences to allow ordering of individual account types
• Added Line of Credit feature under Debts
• Corrected pension transfer where transfers were not working from one account to another
• Made fact find pdf more resilient when there is no marital status field
• Added Insured option for Whole Life Protection
• Added an “unlimited” group layer below the subscription layer (called Subscription Groups). The key enhancement provided by the group layer is the infinite nesting of groups within groups. This nesting allows organizations to mimic their internal multi-layer hierarchies within the Voyant Entity Group, Subscription, and new Group layers.
• Improved Market Assumption message popup when system preferences are set differently from configured default
• Added Account Locking feature to lock the account and send an email if 10 login failures are encountered on an account in a day. Locked account can be unlocked by admin user
• Various other UI improvements

Adviser Go

• Introducing improved client reports in AdviserGo
• Added ‘Include Taxes’ and ‘Exclude Taxes’ option for Retirement Spending simulation
• Improved Adviser Go All Clients search. Added My Clients and All Clients filters to improve the client search
• Added Potential IHT simulation to AdviserGo
• Added Capital Gains, Interest Yield and Dividend yield options for Investments in AdviserGo
• Added an option to add future property under Add property
• Added the ability to change plan name under My plans popup
• Improved top nav to include Reports option
• Corrected IE browser scroll bar issues
• Corrected an issue with update of events and owners when Cancel button is clicked on popups
• Improved Lets See simple and dual chart navigation options
• Various Other Mobile and Desktop UI Improvements

Version 4.4.12 Release Notes - 2017-11-21

Voyant Adviser

• Corrected an issue with roll-up of previous PETs and CLTs entered on multiple trust account screens
• Corrected the fulfillment of CLT from trust account when transfer to a trust account causes CLT charge
• Improved Final Salary benefit reduction by applying limits on the reduction factor
• Various other UI improvements

Version 4.4.8 Release Notes - 2017-10-27

Voyant Adviser

• Corrected an issue with PAYE tax calculations due to cached value of phased out personal allowance when tested prior to pension contributions
• Corrected an issue with final salary pensions where now sponsorship would be passed to non-married partners
• Updated pension minimum age from 55 to 57 after 2028
• Corrected an issue where Adviser Fact Check Report causing deleted Unsecured Pensions to be added back to plan
• Various other UI improvements

Adviser Go

• Corrected an issue with linked drawdown pension account balance
• Improved Asset Allocations on Dashboard and account level
• Improved the way default events are set based on owners
• Various Other Mobile and Desktop UI Improvements

Version 4.4.2 Release Notes - 2017-10-11

Voyant Adviser

• Corrected the order of taxation - offshore gains then dividends and then onshore bonds
• Added validation around beneficiary designation
• Improvements to State Pension calculations and display
• Corrected missing property owner on Balance Sheet screen
• Various other UI improvements

• Added benefit reduction feature as a new option under Advanced Settings ->Lifetime Allowance Charge.
  When final salary benefits are tested against the Lifetime Allowance (LTA), the software will initially assume that any tax on overages is paid by the recipient. Using this new feature, you can specify a benefit commutation rate. If, at the commencement of payments, the defined benefit scheme is found to exceed the LTA, the software will automatically reduce payments by the rate you entered rather than imposing a tax charge on the recipient.

Adviser Go

• Added Insurance in the add menu with following types: Term Life, Whole Life, Critical Illness, Long Term Care and Income Protection
• Added year and age select lists on add and edit event screens
• Improved detailed Networth yearly view to show yearly Assets and Debts
• Added Already Retired option for new clients, on new client screen you can pick up 'already retired' option
• Improved detailed Networth chart colors to show negative in red color and non negative in blue color
• Added a way to add a replacement mortality for plan owners, it can be accessed using What-If screen option 'Change Life Expectancy'
• Added a way to link new Debts to existing properties
• Various other Desktop and Mobile UI improvements

Version 4.3.8 Release Notes - 2017-08-29

Voyant Adviser

• Added Legacy information 'Estate Value After Tax' and 'Net Worth After Tax' to detailed Taxes screen
• Corrected an issue with Adviser Fact Check PDF report caused by '&' in the market assumptions
• Corrected the calculation of higher rate tax relief for pension contributions
• Corrected the liquidation order issue for savings type 'National Savings Certificate'

Version 4.3.5 Release Notes - 2017-08-10

Voyant Adviser

• Added 'Estate value after tax' and 'Net worth after tax' information on Legacy screens(Overview->Legacy). Estate Value after tax will be your 'Total Estate value' less 'Inheritance Tax' and Networth after tax will be your 'Estate value after tax' plus 'Distributions outside the estate'
• Updated Estate and legacy reports to include new information - Estate value after tax and Net worth after tax
• Fixed an issue with Long Term care where chart would not generate when tried to purchase a property using insurance
• Corrected an issue with breakdown of withdrawal/expense fulfilment source information under Detailed Expenses tab where last withdrawal source would overwrite existing source information
• Corrected an issue with detailed taxes chart where tax on savings income would not show up, only tax on non-savings income would show up

Adviser Go

• Fixed an issue with secondary person deletion
• Improved the performance of reports
• Various Other Mobile and Desktop UI Improvements

Version 4.3.4 Release Notes - 2017-08-03

Voyant Adviser

• Applied new state pension rule - the government has announced the increase in state pension age, which was previously planned to take place from 2044 to 2046, will now be phased in from 2037 to 2039. For more detailed information and instructions, click here
• Improved the handling of inherited state pension

Version 4.3.0 Release Notes - 2017-07-24

Voyant Adviser

• Corrected an alignment issue with MS Word reports caused by an Update in MS Word
• Corrected an issue with Balance Sheet reports where joint assets would show up under Primary's column
• Corrected an issue with Balance Sheet reports where assets for Non Legal Partner would not show up

Adviser Go

• Introducing Reports in AdviserGo. Reports can be accessed using "Generate Report" button under My Plans popup and inside individual Insights/Simulation screen. Reports will give you breakdown of overall accounts, charts and allocations
• Corrected an issue with Debt Balance calculation when monthly payment option is selected
• Corrected a validation issue with linked Debt when toggled between yearly and monthly options
• Corrected an issue with event drag feature on last mortality
• Improved Property add and edit popup by adding in Cost Basis input field
• Improved UI experience for Update and Promote feature
• Improved Snapshot Integration merge feature, added nickname input field to add easy nick names for imported accounts
• Various Other Mobile and Desktop UI Improvements

Version 4.2.63 Release Notes - 2017-07-19

Voyant Adviser

• Fixed "Unable to Launch Application" issue caused by latest Java version 8 update 141

Version 4.2.62 Release Notes - 2017-07-07

Voyant Adviser

• Corrected an issue with Family balance sheet report when an asset is linked to a person other than primary and secondary
• Corrected an issue with Adviser fact check report when a stage is deleted
• Eliminated the default escalation of the money purchase pension contribution allowance and added a separate escalation configuration setting which may be adjusted within a firm’s custom white label configuration
• Added multi-client import feature for Transact integration service
• Various UI improvements

Adviser Go

Top Nav Improvements
• Added a Top nav to replace left side nav bar
• Added Dashboard, Timeline, Lets See, Insights, What-if and Snapshot options to Top nav
• Added a Plus button on Client Search and Invitations page to categorize features like "Create a new Client", "Import a client" and "Invite Clients"
• Moved Waffle menu from left nav to top nav
• Moved My Plans option to the top, clicking on the plan name will open up the my plans popup
Other Fixes and Improvements
• Improved the import process with different options - Merge, Overwrite and Update
• Added support for Quovo integration
• Added support for Transact integration
• Added multi-client import feature for Transact, now you can import and merge data for 2 clients
• Various Mobile and Desktop Improvements
• Various Bug fixes

Version 4.2.59 Release Notes - 2017-06-15

Voyant Adviser

• Corrected a styling issue with finametrica Risk Profile report

Version 4.2.57 Release Notes - 2017-06-05

Voyant Adviser

• Corrected an issue where tax relief at source is provided for money purchase contributions past age 75
• Corrected an issue with taxes detailed report when there are children in the plan but no spouse
• Various UI improvements

Adviser Go

Snapshot and My Plan Improvements
• Improved snapshot charts and added a list view card to show all the accounts information
• Added unknown account type option in the snapshot integration process for accounts that can not be categorized, users will need to categorize accounts before updating snapshot and plan
• Asset Allocation now has its own card
• Snapshot card view selected by user will persist for the client
• Added badges to highlight active and locked plans to my plan popup
• Added Current Plan and Other plan sections to my plan popup
• Highlighted different plan access options like - Switch, Delete, Compare and Update on my plan popup
• Added plan sort by name and date feature on my plan popup
Other Fixes and Improvements
• Corrected an issue with Savings owner selection for IE11 users
• Corrected an issue with Lets See chart y-axis where chart numbers would repeat
• Various Bug fixes

Version 4.2.53 Release Notes - 2017-05-22

Voyant Adviser

• Added three Taxation Type options to Other Income and Windfall Events
• Tax at Income Rate
• Tax at Capital Gains Rate
• Tax at Dividends Rate
• Estate and Legacy – fixed layout issues for Mac users and updated reports to show zero balances for clarity
• Added Cumulative Taxes section on the Detailed Taxes tab to show Total Income Tax, Total Capital Gains Tax and Additional Tax paid up to the year
• Various UI Improvements

Adviser Go

• Improved Import process for existing and new clients
• Corrected issues related to owner age and name when a client is imported using an integration service
• Various UI Improvements

Version 4.2.48 Release Notes - 2017-05-04

Voyant Adviser

• Corrected an issue with report generation for plans having "Inheritance" event on the timeline

Version 4.2.45 Release Notes - 2017-05-03

Voyant Adviser

• Corrected report image sizing for those using the high resolution font setting

AdviserGo

• Fixed an issue where adviser invites were counted towards the number of available consumer invites in AdviserGo

Version 4.2.41 Release Notes - 2017-04-11

Voyant Adviser

• Reduced dividend allowance from 5,000 to 2,000 for 2018/19
• Increased capital gains allowance from 11,100 to 11,300 for 2017/18

• Added Scotland tax bracket info to Taxes Detailed screen
• Corrected capital gains tax for Scotland to always use the UK tax bands
• IHT hold duration for BPR on ISA's and Unwrapped accounts set to 2 years
• Added separate consideration of the tax on savings income for both UK and Scotland to better illustrate the dual band taxation introduced with the Scottish tax bands
• Improved the handling of savings 0% band and personal savings allowance for both Scotland and the rest of the UK
• Changed residential nil rate band (RNRB) to escalate with CPI
• Added a separate preference "Main Residence Threshold Escalation" under system preferences for the escalation of the RNRB phaseout threshold
• Updated Inheritance Tax Nil Rate Band and Main Residence Exemption calculations on Detailed Taxes screen to match the Estate Overview panels in mortality years
• Added "Pension Contribution Higher Rate Tax Relief" to Taxes Detailed screen
• Improved the calculation of pension contribution higher rate tax relief
• Various UI Improvements

AdviserGo

• Added Scotland Taxes to the year view details in the Taxes Chart

Version 4.2.34 Release Notes - 2017-03-29

Voyant Adviser

• Added new "RSMR Market Assumptions" Market Assumptions.Updating to the new market assumptions may result in invalid asset allocations, which will need to be corrected. If error messages appear at the bottom of the screen following the update, click the message. Each error is a link which will take you to the item that needs editing. Then go to Advanced Settings > Asset Allocation to enter a new, valid asset allocation using asset classes from this new set of market assumptions.
• Added a AdviserGo button on Adviser Search screen, it opens selected plan in your default browser
• Fixed a text alignment issue with Finametrica reports
• Fixed an issue with endowment policy where cashflow chart would show a transparent bar
• Various UI Improvements

Adviser Go

• Added Country Selector option on New Plan screen
• Added a County Selector option under Taxes
• Fixed Custom Portfolio order and colors
• Added accessibility event selector on the Timing tab

Version 4.2.31 Release Notes - 2017-03-05

Voyant Adviser

• Added a feature to update a client from an existing integration. The option "Update Integrations" is available on Plan Management dialog(hammer icon).For a client that was previously imported or merged from an integrations, this button will be active. Clicking it should:
• Give the option to choose which integration to update if there are multiple (if not skip this)
• Login to the integration if credentials are not already setup (this is skipped as well if authentication is successful)
• Fetch the correct client data from the specified integration, and present the dialog giving the option to Overwrite, Merge, or Import Into
• Created a new category on the Taxes Detailed chart named LTA Taxes (previously, part of Additional Taxes category)
• Updated Taxes Simple chart to include data from LTA Taxes
• Updated chart images in reports to show spouse age as well as primary
• Added sorting of items when computing PAYE so that State Pensions will be evaluated first and will consume the personal allowance without typically incurring a tax charge
• Fixed PAYE taxes for annuity payouts when the annuity payment is used to fund pension contributions prior to the PAYE tax step
• Corrected calculation of "Select None" option on Detailed Cash Flow to reflect transfers
• Various UI Improvements

Adviser Go

• Added a feature to "Invite a Client" from the Dashboard
• Improved UI for Add and Edit popups
• Improved Add/Edit Investment, Asset Allocation and Holdings flow
• Improved Investment Growth option with the ability to manually set growth rate or select from different portfolios
• Added a feature to "Update and Promote" plan to the future date
• Various desktop and mobile Improvements

Version 4.2.29 Release Notes - 2017-02-27

Voyant Adviser

• Updated Scottish higher rate threshold to £43,000
• Capital Gains Allowance remains £11,100 for 2017

Version 4.2.28 Release Notes - 2017-02-13

Voyant Adviser

• Improved Estate Handling - estate distributions will be transferred to the recipients cash accounts so that the the funds will receive interest in the year of mortality
• Savings allowance remains £1000 for 2017
• Savings starting rate band remains £5000 for 2017

Adviser Go

• Added a feature to update account holdings in the plan if the plan is older than 60 days
• Added a feature where subscription owners can enable Integration services through AdviserGo
• Added a feature where an adviser can manage invited client's plan access(write/read/hidden). Few key features:
• Base Plan can not be hidden
• Adviser can change plan permissions at any time
• Client can create a what-if plan from Base plan or any other read only plan to add/update plan details
• Added a Cookie Disclosure prompt
• Improved alerts, now alerts related to the plan will show up under Lets See chart on the Dashboard
• Various UI Improvements

Version 4.2.27 Release Notes - 2017-02-08

Voyant Adviser

• Subscription Owners and Managers are restored client Export capability by default.
• Regular Adviser and Auxiliary/Paraplanner users must be explicitly granted the 'Client File Exporter' role by a subscription Owner or Manager on the Voyant web site in order to export client records out of Voyant. For more detailed information, check out this help topic.

Version 4.2.25 Release Notes - 2017-02-06

Voyant Adviser

• Updated NI thresholds for 2017 - lower limit to £8164 and upper limit to £45,000
• Improved PAYE tax calculation to account for income relief in the PAYE calculation when computing the personal allowance. Also, excluded non-paye income from the personal allowance phaseout
• Improved PAYE tax calculation to account for benefits in kind in the personal allowance phase out
• Changed Money Purchase Annuity "Tax Free Cash" label to "Lump Sum"
• Fixed an issue with General Overview report where Bonus income would not show up

Version 4.2.24 Release Notes - 2017-01-24

Voyant Adviser

• Fixed an issue with Pension crystallization where at age 75 subsequent withdrawals in the same year were unable to utilize the remaining tax free cash
• Updated the font size and style(italic)for asset allocations that are not valid for the current market assumptions on the Load Asset Allocation screen
• For Child Trust Funds - removed the restriction to only allow transfers in from other Child Trust Fund
• Fixed an issue with IE11 where buttons were not clickable

Adviser Go

• Made linked plan items clickable - now you can access linked items by clicking on them
• Bookmark feature - now you can bookmark a client or any screen for a client and access directly using bookmarked url
• Hovering over the list of events on the timeline highlights the currently selected
• Lets See Charts improvement - now you will be able to navigate between charts way faster
• Saves and Loading statues are communicated with info messages/alerts
• Various UI Improvements

Version 4.2.23 Release Notes - 2017-01-17

Voyant Adviser

• Added residence selector to New Client wizard panel for primary person and under Taxes option.The spouse and all other individuals will default to the primary client’s tax region unless modified on the taxes screen for the individual

Scottish Tax and UK Autumn Statement Updates for 2017

• For Scotland -Tax Bands -Added Basic rate threshold-£31,930 and higher rate threshold-£150,000
• Rest of the UK -Tax Bands -Basic rate threshold remains £33,500 and higher rate threshold remains £150,000
• Personal allowance remains £11,500
• Capital gains tax allowance remains £11,100
• Personal savings allowance remains £1000 for base rate payers, £500 for higher rate payers, and £0 for additional rate payers
• Dividend allowance remains £5000
• Junior ISA - contribution limit remains £4080
• Pension contribution limit remains £40000
• Capital gains tax rates on residential property remain 18% for basic rate payers and 28% for higher tax rate payers
• Capital gains tax rates on Other gains remain same 10% for basic rate payers and 20% for higher tax rate payers

Introducing New Bolt Ons:

VoyantGo

• Extend the adviser-client relationship beyond in person meetings. Share plans with your clients or set the plan to read only and allow clients to marvel at your genius. This new platform works on any device

Voyant SNAPSHOT - New Adviser and Client Feature

• Keep the adviser-client relationship fresh and exciting every day. This dashboard functionality allows clients and you to see all their financial information in one location. Daily pricing updates provide integrated tracking of progress toward Voyant plan goals. Equity / Fund data provides insights into client holdings. It can even be used as a first date fact finding platform

Other Features and Improvements

• Added invite feature - now you can invite clients using SMS feature and get them started on VoyantGo
• Added Update and Overwrite plan features from an integration service- now you can update or overwrite your existing plan using an integration service plan
• Added left and right scroll on dashboard and lets see charts to navigate to different chart types
• Added few techniques like Swiping, pinching and long touch to get information much faster
• Various UI Improvements

Version 4.2.17 Release Notes - 2017-01-10

Voyant Adviser

• Fixed an issue where "as needed" cashflow was categorised as a transfer

Version 4.2.14 Release Notes - 2017-01-05

Voyant Adviser

• Improved handling of transfers - the sideways movement of money from one account to another. Transfers will no longer be shown in the Cash Flow chart, but they will be listed in the chart details, on the Cash Flow tab under the heading “Cash flow not displayed on chart”
• Improved the Merge process from integration services in to the existing plans
• Various UI Improvements

Adviser Go

• Added Import and Merge feature- now you can import and merge clients from different integration services
• Various UI Improvements

Version 4.2.13 Release Notes - 2016-12-14

Voyant Adviser

• Estate/IHT fixes
• o Fixed an issue where excess Windfall was not distributed to the beneficiaries
• Fixed an issue with transfer of funds from multiple drawdown pension accounts to a spouse's drawdown pension account when the spouse is not deemed to be predeceased
• Fixed an issue with display of drawdown pension transfers outside of the estate to contingent beneficiaries
• Fixed a typo on employment page

Version 4.2.10 Release Notes - 2016-12-01

Voyant Adviser

• Fixed plan update for state pensions where base amount was getting rolled up with the second and graduated amounts
• Fixed an issue with Market Assumptions - Dividend Yield
• Fixed an issue with integration services where credentials were not saved for a user when they become invalid at the source site
• Various UI Improvements

Adviser Go

• Added Import feature- now you can import clients from different integration services
• Added Re-brand support
• Various UI Improvements

Version 4.2.8 Release Notes - 2016-11-03

Voyant Adviser

• Fixed an issue with Pensions reports where Final Salary would not show up in PDF and Word versions

Version 4.2.7 Release Notes - 2016-10-26

Voyant Adviser

• Fixed an issue where upgrade to Office 365 caused issues with Word Reports
• Added "Death Benefit Payout Multiplier" option under Insurance Payout for Life Funds

Version 4.2.4 Release Notes - 2016-10-18

Voyant Adviser

• Fixed an issue with fact find pdf import when no client is selected
• Increased quality of chart images in reports
• Various UI Improvements

Adviser Go

• Fixed an issue with Lets See chart Shortfall stacking order
• Fixed an issue with Password Protected clients
• Various UI Improvements

Version 4.2.0 Release Notes - 2016-10-05

Voyant Adviser

• Added yearly asset details to Assets Detailed Report
• Added Import from integration service or file feature:-Import in to an existing client options:
• Merge into Base Plan of current client record
• Create a New Base Plan in the current client record
• Overwrite current client's existing plans
• Create a new client record
• Fixed an issue with report generation because of a Tax account
• Various UI Improvements

Adviser Go

• Added New Taxes Chart
• Added Detailed Yearly Taxes breakdown
• Added the Insurance Payout option for Bonds
• Various Mobile UI Improvements

Version 4.1.45 Release Notes - 2016-08-05

Voyant Adviser

• Added AIM ISA IHT relief feature
• Added Junior ISA contribution limit on Stock and Cash ISA for owners under age 18
• Added New Pensions Details report
• Fixed an issue where Estate and Overview report did not reflect main residence exemption
• Fixed cumulative tax label in Taxes Detailed report
• Improved “Max Penalty without Tax Liability” option only to show up for Bonds
• Fixed an issue with Optimize dialog resizing
• Various UI improvements

Version 4.1.42 Release Notes - 2016-07-13

Voyant Adviser

• Fixed a UI issue on the Preferences screen for AXA Elevate users.

Version 4.1.40 Release Notes - 2016-07-08

Voyant Adviser

• Fixed Breakdown of Contribution details for Need Analyser - Annual Savings
• Fixed Taxed Detailed report to show correct Cumulative data owner details at the end of report for plans starting in year 2015
• Added Detailed chart to Taxes Detailed Report
• Fixed an issue with report generation Overview – General (Events & Accounts Overview) when there are no expenses in the plan
• Changed Stage default Asset Allocation label to Growth Rate /Asset Allocation
• Added Fact Find pricing details in Web UI
• Removed the Qualified Plans section from stage default options
• Various UI improvements

Adviser Go

• Fixed an issue where extra big or extra small icons would appear on the Lets See chart
• Fixed an issue where link icon and message would not disappear when a linked property/debt is deleted
• Fixed an issue where holdings created in previous plan would appear in the new plan
• Added a new Retirement Spending simulation
• Added Compare Plan toggle button in My Plans modal, now plans can be compared easily using this toggle
• Added Multi touch feature for mobile devices, long pressing on the lets see will take you to the yearly view
• Added Dual/Simple chart view toggle
• Added Tax and Allowance modal inside the Add menu
• Improved Simple/Detailed chart selection
• Improved Chart navigation
• Various iPad and Mobile Fixes
• Fixed Goal amount validation

Version 4.1.35 Release Notes - 2016-06-22

Voyant Adviser

• Improved Taxes Detailed report to include the sum of income taxes and capital gains taxes paid over life of the plan
• Fixed Net Taxable Income on reports where individual Savings Allowance was not considered
• Fixed an issue where mini chart would not update when expenses step up/down event and/or amount is changed
• Various UI improvements

Adviser Go

• Fixed Windfall timing tab duplicate validation messages issue
• Improved Goals- Now we will have 3 type of goals - Pre-Retirement Goal, Retirement goal and Milestone Goal
• Added Edit event feature using Timeline and Lets See. Now events name, position and owners can be edited using Timeline and Lets See
• Linkage of Debt and Regular property modal item
• Fixed Various mobile issues with goals and timing tabs
• Fixed an issue with what-if plan deletion

Version 4.1.33 Release Notes - 2016-06-06

Voyant Adviser

• Persist checkbox for "Include asset allocation of unallocated/fixed growth accounts" so the AA chart reflects the preference
• Changed Lump sum needs analyser to assume lump sum is not taxable
• Updating simulations control panels for lower resolution displays.

Adviser Go

• Added Guided What-if flows –Buy a Home, Rightsize Home, Retire Earlier or Later, and Change Life Expectancy
• Added Insights to the left nav to highlight simulations
• Changed Property flow to include timeline and debt information
• Improved simulation calculation results handling for error cases.
• Added "My Plans" to the left nav to facilitate plan management including copying and deleting plans.
• Improved Add start and end event functionality on timeline modals. A plus(+) icon/button is added to Start and End events on all timeline screens.

Version 4.1.30 Release Notes - 2016-05-16

Fixes and Improvements in version 4.1.30

• Adviser Go - Fixed issue with plans imported from the fillable fact find or an integration partner being corrupted when edited in Go.
• Adviser Go - Corrected issue with synchronizing portfolios with long comments caused by creating multiple what if plans in Go

Version 4.1.26 Release Notes - 2016-04-26

Fixes and Improvements in version 4.1.26

• Added separate residential and investment capital gains tax rates.
• Improved main residence nil rate band calculations to include RNRB carried forward from the plan start and the phase out of the RNRB for estates over £2mil.
• Adviser Go - Prevent plan corruption due to incomplete account holdings entered in Voyant Adviser.

Version 4.1.25 Release Notes - 2016-04-10

Budget 2016 updates

• Lifetime ISA - No withdrawals allowed prior to age 60 except for house purchase
• No validation for initiation of Lifetime ISA prior to age 40
• Added personal savings allowance of £1000 for base rate payers, £500 for higher rate payers, and £0 for additional rate payers
• Personal allowance increased up to £11,500 for 2017
• Higher rate threshold increased to £33,500 for 2017
• Capital gains rates to 10% and 20%
• Capital gains allowance remains £11,100 for 2016
• ISA contribution limit to £15,240 for 2016 and £20,000 for 2017
• NI Threshold remains £8,060, Ni Upper limit set to £43,000 for 2016

Fixes and Improvements in version 4.1.25

• Fixed issue on Overview General report where mortgage protection premium was not showing
• Various UI improvements

Version 4.1.19 Release Notes - 2016-03-22

Fixes and Improvements in version 4.1.19

• Corrected issue with previous year total in Cash Flow Details chart.

Version 4.1.17 Release Notes - 2016-03-18

Fixes and Improvements in version 4.1.17

• For interest only offset mortgages, corrected the payment calculation to return only the actual interest computed based on the offset account.
• Added new dialog to show updated market assumptions.
• UI improvement to show unscheduled contributions in more descriptive detail on detailed chart views.
• Created new report named "Overview - General" based on the Overview > General screen available in PDF, Word and Excel formats.
• Fixed layout issue on Finametrica reports.
• Various UI updates

Version 4.1.9 Release Notes - 2016-02-29

This release provides support for Voyant's new AdviserGo application.

Other Fixes and Improvements in version 4.1.9

• Corrected ISA contribution limit for 2016.
• Readjusting Timeline for clarity and to give more space to placement of events.
• Fixed UI issues with partner integration dialogs.

Data Integration Schema Updates

• Added support for linked events such as retirement and plan end.
• For output only, added plan stage details.
• Added fixed growth rate and grow by asset allocation properties to all account items.
• Added prefilter for imported debt items to ignore payment and term values if interest only is specified.

Version 4.1.5 Release Notes - 2016-02-11

Fixes and Improvements in version 4.1.5

• Adjusted normal state pension age to 67 for those born from 1961 through 1977
• Corrected recalculation of interest only debt payment when the debt amount or interest rate has changed
• Corrected calculation of personal pension contribution limit based on income to ignore employer contributions
• Investment accounts > future yield reinvestment, changed step up/step down to use a "Yes" or "No" option and defaulted to "Yes" (reinvest)
• Corrected issue with withdrawals from offshore taxable account having losses instead of gains in the account
• Removed display of estate distribution values if all estate credits are shown
• Corrected behaviour of navigation buttons on dual chart details
• Adjusted alignment/display of partner login screen
• Removed large space between sections in legacy overview
• Other minor UI improvements

Version 4.1.4 Release Notes - 2016-01-27

Fixes and Improvements in version 4.1.4

• Updated the 2016 values for rates and thresholds which have generally remained fixed : annual gift exemption, money purchase no-employment tax relief, cap on capital gains entrepreneur relief, and VCT contributions limits
• Investment accounts - added the ability to change yield reinvestment settings at future events
• Updated LTA protection settings to allow for more flexible input.
• Moved Notes from the Overview section to the left navigation alongside Reports
• Corrected issue with Risk Profile Summary Report missing image
• Corrected date format in Fact Find report
• Several UI Improvements

Version 4.1.2 Release Notes - 2016-01-10

Fixes and Improvements in version 4.1.2

• Fixed delete button on Investments Screen Transfer details
• Corrected various high resolution layout issues
• Adjusted formatting on Chart Details view
• Corrected Detailed Cash Flow report shortfall error

Version 4.1.0 Release Notes - 2016-01-07

Happy New Year! This release introduces a text sizing feature to adjust the software's display on ultra-high resolution monitors. This feature is also useful for those who simply prefer larger text.

Please go to Preferences > Application Preferences and use the slider to select the text size which bests suits your needs. Then, restart Voyant for the changes to take effect.

For more detailed information and instructions, click here.

Version 4.0.32 Release Notes - 2015-12-18

Fixes and Improvements in version 4.0.32

• Fixed regression related to generating PDF reports with inherited drawdown pensions in some scenarios.

Version 4.0.31 Release Notes - 2015-12-11

Fixes and Improvements in version 4.0.31

• Removed erroneous tax relief for pension contributions made after age 75.
• Changed the default survivorship option for pensions to transfer to the designated beneficiaries' drawdown accounts instead of lump sum withdrawal.
• Added functionality to automatically create drawdown accounts for inherited pensions taking all fees, growth rates, and asset allocation settings from the originating pension. Manually creating an inheritance target drawdown account is no longer required.

Version 4.0.29 Release Notes - 2015-11-18

Fixes and Improvements in version 4.0.29

• Fixed DGT liquidation issue - DGTs should not allow entering remaining cost basis or previous top-ups.
• Corrected Money Purchase data entry validation issue where total percent crystallised was validated even when not specifying crystallisation based on a percentage.
• Corrected step-up/step-down issue observed on the Other Income screen.
• Fixed issue where SEED EIS investments were not being tagged as exempt from IHT.
• Removed Pensions, EISs, and VCTs as eligible targets for default cash account sweeps. Eligible tax relief from sweep contributions would not be accounted for in the sweep.

Partner Integration Updates

• FinalSalary - added benefit accrual rate for active final salary schemes
• Term Protection - added decreasing benefit rate and purchase age required for decreasing benefit policies
• Protection (Term and Whole Life) - added payout type for joint policies

Version 4.0.28 Release Notes - 2015-11-10

Fixes and Improvements in version 4.0.28

• Improved salary sacrifice contributions to GPP plans to avoid tax relief at source and instead to reduce the PAYE tax in the year of the contribution.

Version 4.0.26 Release Notes - 2015-11-3

Fixes and Improvements in version 4.0.26

• Added ability to make pension contributions through Salary Sacrifice. Settings can be found in the "Contributions" advanced section of the Money Purchase screen.
• Corrected employer matching contributions entered as a percent of individual contributions when individual contributions are made in excess of the annual allowance to a pension plan providing tax relief at source.

Version 4.0.24 Release Notes - 2015-10-20

Fixes and Improvements in version 4.0.24

• Corrected issue where the ISA spousal allowance isn't consumed in the first year of the plan.
• Changed the default for tax deducted on savings/investment interest to align with the Budget 2015 elimination of the Tax Deduction Scheme for Interest.
• Add preference for deposit accounts to grow by asset allocation separately from the original preference which now applies to non-desposit accounts only.
• Fixed validation of beneficiary designation on bonds.

Version 4.0.23 Release Notes - 2015-10-12

Fixes and Improvements in version 4.0.23

• Fixed Final Salary crystallization to consume TFC allowance in cases where pension protection applies.
• Added support for previously inherited pensions.
• Removed legacy option to continue money purchase restrictions past 2015.
• Allow money purchase plans to be utilized as needed from the start event for those plans where the owner is already retired (i.e. no retirement event is created in the plan)
• Prevent an exception when the account availability event is not specified. Will now default to start event.
• Added a 'clear all' button to the Notes Overview Panel.
• Fixed an error which sometimes occurred when opening client plans.
• Fixed issue with '&' in account name for Family Balance Sheet report.

Version 4.0.22 Release Notes - 2015-09-28

Fixes and Improvements in version 4.0.22

• Corrected - Tax expenditures not properly categorized in the Detailed Cash Flow Chart after previous release
• Corrected configuration of Asset Allocation Optimise Button
• Improvements to error handling in Income vs. Expenditures Report

Version 4.0.21 Release Notes - 2015-09-25

Fixes and Improvements in version 4.0.21

• Charts - Added a new category and chart color to represent all withdrawals directly from Money Purchase plans.
• Corrected issue preventing entry of a fixed term annuity.
• Chargeable interest yield on Unwrapped investments - Fixed tax deducted at source calculations to correctly appropriate the tax on interest to the cost basis sub-account.
• Fact Find Reports showing incorrect value for currently receiving benefits.
• Integrations - Fixed issue with synchronizing client records having a long partnerRefId.
• Integrations - Corrected handling of scenarios where applying the holdings w/o asset allocation info for each holding cleared out the account overall asset allocation.
• Summer Budget 2015 updates - corrected dividend tax calc to consider dividend allowance on top of the personal allowance
• Improved CGT calcs for bond surrender in the same year as a sale of property.

Version 4.0.20 Release Notes - 2015-09-09

This release includes a change to the default liqudation strategy for Money Purchase pensions and Drawdown Pensions. The new default strategy is to utilize pension funds as needed rather than the prescribed method of 100% crystallisation of money purhcase pensions at retirement and 150% of GAD drawdown from unsecured pensions.

The new As Needed default strategy will only apply to new client records and will not change the drawdown strategy of existing plans.

In addition, the default option for account yield has also been update. The default option is now to reinvest the interest and dividend yield. Applies to new clients only.

Version 4.0.19 Release Notes - 2015-09-02

Budget 2015 Updates

• Rental property: mortgage interest relief restricted to basic rate – phased in over 4 years from April 2017
• Additional IHT transferable nil rate allowance of £175000 on top of current £325000.
• Tax relievable Pension contributions tapered away from £40,000 to a minimum of £10,000 for those earning over £150,000
• Tax Credit on Dividends abolished from April 2016 and replaced by a tax free allowance of £5000 with tiered rates thereafter
• Personal Allowance confirmed at £11000 for 2016/17; Higher Rate Threshold increased to £43,000

Fixes and Improvements in version 4.0.19

• Bonds
  • Major overhaul of bond taxation that should ultimately allow for better comparisons of the differences in tax treatments between onshore and offshore bonds
  • Bonds will also have two additional withdrawal options: "always withdraw excess", "always encash segments", which would be used to control how ad hoc withdrawals are taken.
  • Apply the new '0% rate of income tax on the first £5,000 of savings income (for people with less than 15,000 taxable earnings) to income from bonds as well as savings.
• Money Purchase crystallisation improvement - assume "recurring" if "as needed" drawdown option selected
• New Product added Investment - Seed EIS
• Pensions - change employer matching contributions to base the contribution on the individual gross contribution including tax relief at source if the pension provides tax relief at source
• Corrected ISA special allowance contributions allowance usage when contributions are made in the form of a recurring contribution from a taxable investment account.
• Other Income - Step Up/Step Down, properly set growth rate from preferences
• Added monthly/yearly option for Employment in step up step down detail
• Fact Find Verification report, corrected real property ownership issue
• Added the most recent assumptions updates to reports (nil rate band, LTA, default tax table)
• Various partner integration updates

Version 4.0.18 Release Notes - 2015-06-14

Fixes and Improvements in version 4.0.18

• Corrected issue where the first drawdown pension is used as the target for inherited pension funds.
• Money Purchase Pension - correct contribution limit based on income for multiple contributions in the same year.
• Improved handling of investment property on the Asset Allocation Overview screen.
• Corrected issue when there is a rollback in the plan and an existing life fund starts in first year of plan.
• Made several UI and formatting improvements.
• Corrected Family Balance Sheet Yearly report where accounts with no first year value were omitted.
• Added Luxury Expenses to Income v Expenses report.
• Corrected Fact Find report, previously not reporting fixed employer contributions.

Version 4.0.17 Release Notes - 2015-05-28

Fixes and Improvements in version 4.0.17

• Bonds - removed validation related to previous withdrawals and removed input for previous taxed withdrawals
• Removed errant Finametrica warning icon
• Improved layout on investments chart detail panel
• Reset previous year payout and withdrawal amounts for Income v. Expenses Yearly report

Version 4.0.16 Release Notes - 2015-05-15

Fixes and Improvements in version 4.0.16

• Fix for phased drawdown of money purchase pensions (entered as 100% over the number of years) when the time spans age 75.
• Corrected Tax Free Cash calculation after age 75 to base the available tax free cash on the remaining Lifetime Allowance (ignoring the age 75 BCE when computing available LTA after age 75).
• Upgraded the Portfolio versions to better handle the Nil Rate Band and LTA Escalations in existing plans.
• Updated preferences to allow certain preferences to be defaulted to null rather than the system preference value.
• More 2015 Tax allowances and threshold updates.
• Made Fact Find more tolerant of inputs with commas or spaces.

Version 4.0.15 Release Notes - 2015-05-13

Fixes and Improvements in version 4.0.15

• Added bond "topping up"
• Onshore bond top-slicing now uses last chargeable event rather than purchase date as basis for annualized gain calculation
• Modified Net Worth Chart to include only primary and spouse/unmarried partner assets that are not trusts
• Both Liquid Assets charts were also modified to exclude trusts
• Added a new Plan Worth Chart which shows the Net Worth chart as it was before these changes
• Fixed ISA special inherited allowance contribution issue when recurring transfer/contribution is entered for spouse account
• Exposed Nil Rate Band Escalation in Preferences
• Added missing 'Recur' option on the Transfers / Additional Contributions panel for savings
• Corrected issue in Income v. Expenditures Yearly report where bonuses were hidden in special cases
• Corrected report generation issue which occurs when Market Assumptions name has an '&'
• Fixed exception which occurs when clicking away from a running calculation

Version 4.0.14 Release Notes - 2015-04-21

Fixes and Improvements in version 4.0.14

• Pension survivorship - fixed a presentation issue in the legacy view where the pension account information is duplicated in the estate list when distributed to multiple beneficiaries.
• Corrected an issue for certain white labels which caused the application to close when the preferences button was selected.

Version 4.0.13 Release Notes - 2015-04-19

Fixes and Improvements in version 4.0.13

• Added "as needed" withdrawal strategy for Money Purchase Pensions.
• Created a cleaner detail view to show multiple crystallisations in the same year caused by partial annuitisation, scheduled, and as-needed drawdown.
• Reduced Lifetime Allowance Limit (LTA) to £1 million from £1.25 million.
• Created a new field in Preferences named 'Lifetime Allowance Escalation %', currently defaulted to 0%
• Default state pension to currently receiving benefits if the normal start age falls before the start of the plan
• Added state pension growth rate preference which uses income growth rate unless otherwise specified.
• Corrected an issue where pension funds intended to remain in drawdown at mortality would ultimately be directed to the estate of the beneficiary in joint mortality case (instead of correctly passing to the drawdown pension of the second to die).
• Removed an outdated validation related to annuitisation timing for Unsecured pensions.
• Updated the Taxes chart to include LTA overage taxes.
• Corrected issue with onshore bond basic rate taxes on taxable withdrawals.
• Corrected issue with fact find which occurs when no account type is provided.
• Made several UI improvements
• Made numerous partner integration improvements and corrections

Version 4.0.12 Release Notes - 2015-04-12

Fixes and Improvements in version 4.0.12

• Money Purchase Pensions to only consider up to 25% of the withdrawals after age 75 as Tax Free cash
• Expenses Step Up / Step Down sections show selected frequency of values (monthly or yearly)
• Updated Detailed Taxes Report and added new Excel Detailed Taxes Report
• Removed strange character from Annuities Death Benefit section

Version 4.0.11 Release Notes - 2015-03-21

Fixes and Improvements in version 4.0.11

• Corrected plan calculation failure due to Critical Illness Insurance in certain situations.
• Updated Word Net Worth report to include final year.

Version 4.0.9 Release Notes - 2015-03-09

Fixes and Improvements in version 4.0.9

• ISA spousal allowance - now allows contributions to use Drawdown Pension if the drawdown pension is set to As Needed
• Critical Illness payouts may now be limited to linked debt liabilities.
• Other Trusts and Charitable Trusts have been removed from liquid assets chart

Version 4.0.7 Release Notes - 2015-02-22

2015 Pension Updates

• Added functionality to prevent forced crystallisation of money purchase plans at age 75 to allow unused funds to remain in the plan as well as to receive tax free cash post age 75.
• Implemented lump sum and drawdown survivorship options for money purchase pensions and corresponding 2015 tax rules based on mortality age.
• Modified drawdown pension and money purchase pension "income" survivorship option to include the ability to direct funds to a beneficiary account, allowing all properties such as anuitisation and drawdown to be defined for the beneficiary.
• Added beneficiary options to the drawdown pension.
• Implemented the new 2015 enhanced ISA allowance at the death of a spouse with ISA savings.
• Added support for partial annuitisation of money purchase and drawdown pensions.

Other Fixes and Improvements in version 4.0.7

• Fixed plan update issues related to plans containing decreasing term life insurance.
• Corrected partner integration issues related to monthly annuity and final salary incomes.
• Numerous user interface and report layout improvements.

Version 4.0.6 Release Notes - 2015-02-06

Fixes and Improvements in version 4.0.6

• Overview - Balance Sheet should reflect beginning of year balances and thus should not show property in the year purchased.
• Two-step authentication - fixed an issue where MFA verification and terms acceptance prompt caused incorrect redirect.
• Numerous partner integration improvements and bug fixes.
• General UI improvements (No chart colors were harmed in the making of this release)

Version 4.0.5 Release Notes - 2015-01-23

Fixes and Improvements in version 4.0.5

• Corrected Mac OS issue where Timeline only shows primary person
• Fixed addition issue on Family Balance Sheet - All Years (Word report)
• Suppressed embedded styles in Plan Notes section
• Added 'Include Real Property' and 'Include Pensions' to Optimize Allocation screen for AXA Elevate users
• Fixed issue where Asset Allocation Overview 'Include Real Property' showed incorrect amount allocated.

General UI improvements

• Updated Asset Allocation pie chart colours to better differentiate sections
• Added space on Income v. Expenses and Balance Sheet panels to allow for more descriptive text
• Updated colours on Timeline events (hover) for legibility
• Improved layout on Finametrica Risk, Balance Sheet and Income v. Expenditures Reports

Version 4.0.4 - 2015-01-13

The Voyant ORIGINAL chart colours are back! Now if I might divert your attention.... how about that new Cadbury Creme Egg recipe?

Other Fixes and Improvements in version 4.0.4

• Improved the layout of the asset allocation overview to avoid scrolling.
• Corrected an issue with the contribution type selections for employer contributions on the pension screen.
• Fixed a text highlighting issue on the plan update wizard.
• Increased text size for readability on the plan notes screen.

Version 4.0.3 - 2015-01-12

By popular demand, the "old man socks" colour palette is back for Voyant charts.

Thanks for the feedback on the new UI. Additional suggestions for improvement will be incorporated in the next release.

Other Fixes and Improvements in version 4.0.3

• Fixed a login issue affecting AXA Elevate users.
• Corrected desktop icons for some entity groups.
• Returned the fourth child to the timeline screen.

Version 4.0.2 - 2015-01-10

Voyant is starting off the new year with a new style. We hope you dig it!

Other Fixes and Improvements in version 4.0.2

• Asset allocation overview - added a checkbox to the property screen to specify if the property should be included in the overall asset allocation overview (when the option is selected on the asset allocation overview screen to include property).
• Fixed an issue with the computation of carried forward gift allowance and added an entry to the taxes screen for the gift exemption carryover available at the start of the plan.
• Decreasing Lump Sum Term Policies may now have their rate set at zero.
• Added ability to annuitize only a percentage of a money purchase plan while still maintaining other crystallisation directives in the same year.

Version 3.7.12 Release Notes - 2014-11-24

Fixes and Improvements in version 3.7.12

• Added an option to prevent crystallisation of money purchase pension plans prior to age 75.
• Corrected MP recurring fixed percentage drawdown computation of the annual drawdown amount.
• Added the ability to step up/down recurring crystallisation of money purchase funds.
• Reverted the default tax position on LTA overages from 55% back to 25% post 2015 where the overage is are taken as income through a drawdown pension. The 55% tax still applies if the overage is taken as a lump sum.
• Money Purchase - fix crystallization percent calculation to ignore phased drawdown number of years when phased drawdown isn't selected.
• Default Insurance/Protection policies to the start event if no event selected for convenience.

Version 3.7.11 Release Notes - 2014-11-01

Fixes and Improvements in version 3.7.11

• Insurance payouts - For cases where an insurance beneficiary is predeceased, payout to a contingent beneficiary instead to the estate of the insured.
• State Pension changes for those reaching the state pension age after April 2016 - 1) Change deferred state pension escaltion rate to 5.8% from 10.4%, 2) lump sum payout of deferred benefits is no longer an option.
• Allow overrides to the normal state pension age.
• Updated IHT rules for drawdown pensions post 2015.
• Corrected transfers into Loan Trust when "in specie" is selected

Version 3.7.10 Release Notes - 2014-09-23

Fixes and Improvements in version 3.7.10

• Fixed money purchase regression from the previous release related to crystallisation of multiple pensions in the same year.
• Added IHT relief breakdown to reports.
• Corrected issue with the PDF fact find data reader related to the handling of commas in item names.
• Fixed an issue with annuities where future purchases were not using the "specified" calc method and annuity rate.

Version 3.7.9 Release Notes - 2014-09-17

Fixes and Improvements in version 3.7.9

• Added Fixed 2012, Fixed 2014, and Enhanced protection options.
• Correct computation of tax free cash allowance for protected plans and also added an option to indicate the tax free cash already taken.
• Added the ability to schedule recurring fixed and escalating withdrawals directly from a Money Purchase without first having to crystallise into a drawdown pension.
• Improved the money purchase pension crystallisation screen and added additional lump sum and crystallisation recurrence options.
• Corrected transfers into Money Pension schemes from investment accounts to provide tax relief at source where applicable.
• Default linked Drawdown Pension accounts asset allocation to use the source Money Purchase asset allocation.

Version 3.7.8 Release Notes - 2014-09-01

Fixes and Improvements in version 3.7.8

• Corrected issue with ignored preferred funding items for debt payoff.
• Improved handling of disability insurance "coverage inflation rate" for employment linked insurance. If specified, this inflation rate will be used to escalate the payout amount when the policy is in payment rather than the linked employment's growth rate
• Prevent expenses from being fulfilled by withdrawals from Money Pension funds at mortality where the beneficiary is not a person in the plan.
• Do not apply savings starting rate of tax to pension annuity payments. Pension annuity payments are now taxed as earned income.
• EU Gender Act requires use of a single rate table for GAD limit calculations. From 2012, all calculations should use the male GAD tables

Version 3.7.4 Release Notes - 2014-08-07

Fixes and Improvements in version 3.7.4

• Final Salary - added flexible accrual rate entry in addition to enumerated values.
• Estate Tax - Correct step to collect previous PETs for scenarios where mortality falls in the first year of the plan.
• Corrected computation of excess pension contributions in scenarios with carried forward pension allowance.
• Corrected drawdown pension step up/down detail to properly ignore step details which are not selected.
• Expenses - added ability to specify an ordered list of preferred payment sources instead of a single preferred payment source.

Version 3.7.1 Release Notes - 2014-06-06

Fixes and Improvements in version 3.7.1

• Added 10% (2014) and 0% (2015) Savings interest band
• Converted money purchase pension crystallization details to show remaining LTA instead of total to better illustrate instances where multiple funds crystallize in the same year
• Include the age of client next to their name on the overview screen when looking into a future date for both the income/expenditure and balance sheet
• Word Account Details report was not showing yearly withdrawals.
• Life Needs Analysis - change to default the spouse or non-married partner as the beneficiary for the life insurance rather than the estate to handle cases where the estate distribution plan does not include the spouse or non-married partner.
• Equity value of property calculated differently on Excel reports.

Version 3.7.0 Release Notes - 2014-04-25

Fixes and Improvements in version 3.7.0

• Added options to the Asset Allocation overview to selectively include real property and pensions.
• Improved importable fact find and integration support.

Version 3.6.27 Release Notes - 2014-04-12

This release fixes issues caused by changes made by FinaMetrica to images in their risk profile reports.

Version 3.6.26 Release Notes - 2014-04-04

Budget 2014 Updates

• Drawdown pension maximum drawdown limit increased to 150% of GAD for 2014/15.
• Flexible drawdown secured income requirement lowered to £12,000 for 2014/15.
• ISA contribution limit increased to £15,000 for 2014/15.
• Personal allowance increased to £10,500 for tax year 2015/16.
• Basic rate income tax threshold lowered from £31,865 to £31,785 for 2015/16.
• Capital gains allowance increased to £11,100 for 2015/16.

Pension Tax Restrictions Lifted in 2015

From April 2015, the budget proposes that the tax restrictions on lump sum withdrawals from defined contribution pension schemes will be lifted. As this change is pending, Voyant has modeled the elimination of the lump sum tax restriction as an optional setting. By default, the Voyant calculations will assume that the pension tax restrictions will be lifted. An optional plan preference setting to continue with the current tax restrictions can be found in the advanced details section of the Money Purchase and Drawdown Pensions screens.

Other Fixes and Improvements in version 3.6.26

• Excess pension contributions above the annual allowance are now illustrated in Voyant with tax relief limited to contributions within the allowance and excess employer contributions taxed as income. To enable excess contributions, deselect "Limit contributions to annual allowance" in the Advanced Details->Contributions section of the Money Purchase screen.
• Corrected transfers into Money Pension schemes from savings to provide tax relief at source where applicable.
• Fixed an issue with Equity Release plans when there is no retirement event.
• Investment Fee rates are now properly applied based on type: Tax Free, Tax-Deferred, Taxable
• Fixed error on Asset Allocation Overview screen and reports when only Agreed Risk Profile score is present

Version 3.6.24 Release Notes - 2014-02-25

Fixes and Improvements in version 3.6.24

• Improved estate handling of properties to prevent liquidation at mortality due to unfulfilled linked debt of a trivial amount.
• For property with linked expenses which is transferred to non-legal partner at death, make sure expenses are transferred as well.
• Needs Analysis - corrected the growth rate applied to the regular savings needs analysis simulated account when plan preferences "Use asset allocation for growth" is selected.
• Improved the default ownership of expenses in plans with non-married partners to be jointly owned by both partners and consistent with the defaults for plans having married partners.

Version 3.6.23 Release Notes - 2014-02-02

Fixes and Improvements in version 3.6.23

• Correct cost basis adjustment of transferred investments and properties at first mortality.
• Fixed estate overview display of debts when paid at mortality by linked endowment protection policies.
• For properties scheduled to liquidate at first mortality prior to the last year of the plan, liquidate before IHT/estate handling to provide clearer IHT estate summary.
• Fixed an issue where debt transferred to the join owner at mortality shows as a shortfall.

Version 3.6.21 Release Notes - 2014-01-22

December Budget Updates for 2014/2015

• Higher income tax rate threshold from £32,010 to £31,865
• Age related personal allowance income limit changed to £26,100 from £27,000
• National Insurance primary threshold / class 4 lower profits limit changed from £7,755 to £7,956 per year
• National insurance upper earnings/profits limit from £41,450 to £41,865 per year
• ISA savings limit from £11,520 to £11,880

Fixes and Improvements in version 3.6.21

• Improved IHT / estate handling to allow real property to transfer to unmarried partners by default.
• Corrected issue with life fund benefits displaying in the estate summary of the beneficiary when both die in the same year.
• Fixed issue with the distribution of Money Purchase pension benefits of the second to die in a joint IHT scenario.
• Improved the display of debt secured by property on the estate overview screen for joint mortality scenarios where the partner is assumed predeceased upon simultaneous death.
• Fixed display issue in Income vs Expenditures report where incomes with dividends were showing being double counted.
• Added life bond encashment tax expense at mortality to the expenses screen.
• Fixed an issue with the investment account cost basis not being carried through to the plan update wizard.

Version 3.6.17 Release Notes - 2013-11-20

Fixes and Improvements in version 3.6.17

• Allow EIS investments to the transferred to the spouse at mortality to extend IHT relief.
• Added a new "Fact Check" report detailing all preferences and data entered into a Voyant plan.
• Corrected the Voyant desktop link issue for Mac OS X Mountain Lion and later releases.
• Added permission attributes to the Voyant Adviser application resources to avoid Java security warnings.

Version 3.6.14 Release Notes - 2013-10-28

Fixes and Improvements in version 3.6.14

• Corrected issue with chargable lifetime transfers tax not showing up in the expense details and tax line.
• Removed previous withdrawal input fields for Loan or Bypass trusts as these entries do not apply.
• Correct loan trusts sub-account models to ensure that interest gains do not change the loan balance.
• Added authentication service support for local integration services.
• Adjusted the header row insets in the Overview Panel so lengthy labels no longer appear justified.
• Added income tax bracket details to taxes report.

Version 3.6.10 Release Notes - 2013-09-17

Fixes and Improvements in version 3.6.10

• Corrected tax calculation to consider pension contributions as an extending the high rate tax band and not just the base rate band.
• Added "Tax as PAYE" feature to allow taxes on self-employed income to be deducted in the year earned.
• Fixed report issue related to MS Word markup appearing in Plan Notes Report.
• Corrected issue with handling of incomes linked to properties at mortality. Individually owned asset linked incomes may not be used to pay off debts at mortality since the asset will either be liquidated or transferred.
• Corrected issue with Savings Need simulation related to the handling of the target savings account at mortality.
• Fixed estate handling issue with individually held secured debts where no other funds are available to fulfill the debt at mortality.
• Fixed PET/CLT gift year for existing life funds.

Version 3.6.9 Release Notes - 2013-08-17

Fixes and Improvements in version 3.6.9

• Fixed Income V. Expenses and Balance Sheet Reports to include spouse again.
• Correct IHT issue with jointly held accounts having a zero balance at first mortality.
• Other Trusts - Fixed issue with Previous PETs and CLTs data. Data entered did not appear in what-if plans

Version 3.6.6 Release Notes - 2013-08-10

Fixes and Improvements in version 3.6.6

• Improved layout of the detailed tax info screen and reports - tax paid in each tax band is now detailed with contributions to personal pension now shown as extending the basic rate band.
• Consume personal allowance when computing PAYE for multiple income sources so that the entire personal allowance is not applied to each income source.
• Corrected contributions to personal pensions entered in the advanced Transfers/One-Time Contributions section to provide tax relief at source.
• Fixed issue with previous exempt transfers entered on Taxes screen.
• Corrected the calculation of the reduced of IHT rate for charitable deductions to be based on the net estate (minus the nil rate band) instead of the total estate.
• Corrected issue where other trusts reported gains to the individual in some cases.
• Updated Income vs. Expenses and Balance Sheet Reports to include spouses and non married partners.
• Updated 2013 personal allowance threshold to 100,000 and cap gains allowance to 10,900 from 10,600.
• Added final salary accrual rate of 1/52.

Version 3.6.5 Release Notes - 2013-07-25

Fixes and Improvements in version 3.6.5

• Reverted previous change that allowed plans to extend beyond the last to die.
• Fixed Money Purchase issue for plans with single persons and plans with non-legal partners
• Fixed issue with tax calculation for withdrawals from drawdown pension

Version 3.6.4 Release Notes - 2013-07-22

Fixes and Improvements in version 3.6.4

• Created a separate chart view for Liquid Non-Pension Assets and restored Pensions in the default Liquid Assets view.
• Fixed tax calculation issue introduced in version 3.6.3 related to display of tax relief at source.

Version 3.6.3 Release Notes - 2013-07-19

Voyant is pleased to announce major improvements to the Trusts and IHT modules in this release.

Changes include.....

• New functionality for modeling Loan Trusts and Spousal Bypass Trusts
• Bare and Discretionary trust structures with automatic recognition of PETs and CLTs for transfers to trusts
• Flexible beneficiary designation for Money Purchase plans which now permits direction of funds to a spousal bypass trust or other individuals
• Additional options for business and agricultural property IHT relief
• New Potential IHT simulation to show potential IHT liability in every year of the plan
• Easier entry of non-legal partners - marital status may now be specified at the time of entry and easily changed within any plan

NOTE: For existing client plans, please review the entry of "existing" PETs manually entered to account for transfers to trusts in the first year of the plan. The system now automatically records PETs and CLTs for transfers into trusts.

Other Fixes and Improvements in version 3.6.3

• Improved the layout and presentation of the yearly personal tax summary (in the details screen and reports)
• Plan calculations may now be stopped at any event - either before or after plan member mortality ages
• Corrected tax calculation issue related to tax relief at source for zero rate self-employed taxpayers
• Reverse Mortgage - allow selection of events when linked
• Asset allocation added to holdings info for custom market assumptions
• Expense info now arranged by order of fulfillment on the detailed expenses screen
• Removed Pensions from Liquid Assets chart
• Corrected unallocated income display to properly account for unspent withdrawals such as from Unsecured Pensions

Version 3.5.8 Release Notes - 2013-06-25

Fixes and Improvements in version 3.5.8

• Fixed bug that caused some what-if plans to calculate differently from base plan
• Equity Release plan - fixed display of projected payment. Added ability to start equity release plan at a later time after linked asset is acquired in plan.

Version 3.5.7 Release Notes - 2013-05-27

Fixes and Improvements in version 3.5.7

• Fixed handling of individually owned debt at mortality when all assets are transferred to the spouse.
• Corrected issue where preferences in base plan could not be set to zero.
• Added final salary crystallisation information to the details screen.
• Added a preference to set the crystallization order of final salaries and money purchase pensions crystallizing in the same year.
• Finametrica 2.0 updates.

Version 3.5.6 Release Notes - 2013-05-10

Fixes and Improvements in version 3.5.6

• IHT threshold updated to remain fixed at £325k through 2018.
• Fixed FinaMetrica 2.0 issue with converting version 1.5 profiles to version 2.0
• Fixed issue with FinaMetrica 2.0 comfort zone meter
• Improved the compare plans UI visibility.
• Corrected date format on the update plan wizard screens to match the UK date format.
• Corrected item delete issue when the item name contains html tags.
• Voyant Server - For self-hosting clients, added proxy server support for outgoing requests from Voyant Server.

Version 3.5.4 Release Notes - 2013-04-19

Fixes and Improvements in version 3.5.4

• Tax and NIC thresholds - Updated per the 2013 Budget.
• Investments - Added options to apply entrepreneurs' relief to investment gains for modelling shares of a business property.
• Drawdown Pensions - Corrected flexible drawdown income requirements to avoid further testing in the year following the first qualifying year.
• Dependants' pensions - Corrected an issue with dependants pension to NOT test against the LTA of the dependant at age 75.
• IHT Summary - Corrected display of life funds to reflect the estate value as net of the tax taken at encashment.
• Age related personal allowance - Adjusted the qualification year to avoid using the higher allowance for those born in 1948 but after April.
• Finametrica - Added support for Finametrica 2.0.

Version 3.4.19 Release Notes - 2013-03-15

Fixes and Improvements in version 3.4.19

• Added direct support for Fixed and Primary pension protection.
• Corrected property linked income and expenses to exclude the year of planned property liquidation since the planned liquidation is deemed to occur at the beginning of the year.
• Corrected an out of memory error caused by viewing version history for clients with a large number of versions in the local db.
• Fixed the growth rate column of the account details report.

Version 3.4.17 Release Notes - 2013-03-04

Fixes and Improvements in version 3.4.17

• Updated IHT threshold for 2015 to be fixed at £325k.
• Improved fixed w/ inflation withdrawal option on savings account.
• Updated flexible drawdown income requirement for 2012 - 2014 to £20k.
• Corrected an issue with the Family Balance sheet encountered on some Mac OS systems.
• Corrected taxation of disability payments.

Version 3.4.16 Release Notes - 2013-02-12

Fixes and Improvements in version 3.4.16

• Plan update error when including child plans
• Overview screen error for child plans with deleted items
• Better handling for deferred Final Salary in plan update
• Order of items in detailed asset charts now matches order of the underlying categories in the non-detailed asset charts

Version 3.4.13 Release Notes - 2013-01-04

HM Treasury Updates

• Personal allowance increased to £9,440 for tax year 2013-14.
• Higher rate threshold increased by 1% for two years beginning 2014-15.
• Capital gains allowance increased by 1% to £11,000 in 2014-15 and £11,100 in 2015-16.
• ISA contribution limit increased to £11,520 for 2013-14.
• Pension allowance decreased to £40,000 beginning 2014-15.
• Pension LTA decreased to £1,250,000 beginning 2014-15.
• IHT nil rate threshold increased by 1% to £329,000 beginning 2015-2016.
• Drawdown pension capped drawdown limit increased to 120% of GAD amount beginning 2013-14.

Customisation of future escalation rates for allowances and thresholds is now available for white labeled configurations of Voyant. Contact support if you subscribe to the white labeling service and would like to cutomise these projections.

Other Fixes and Improvements in version 3.4.13

• Corrected liquidation strategy issue with life funds tagged as Tax Deferred investments.
• Added Net Worth data table to reports.
• Added gender selection to other person screen to correct an exception with drawdown pension calculations for "Other" people.
• Correct handling of insurance payouts in joint immediate legacy IHT calculations.
• Prevent withdrawals from Money Purchase plans for legacy expenses when modeled as contributions to children's accounts in the plan.
• Corrected issue with employment incomes being improperly adjusted to include bonus in base amount on update.
• Finametrica - Added individual agreed scores entry for primary and spouse to the stored results.

Version 3.4.12 Release Notes - 2012-11-14

This release corrects the order in which final salary income and lump sum benefits are crystallised against the pension lifetime allowance. The corrected order of crystallisation is as follows:

1. Lump sum amount up to 25% of the remaining LTA
2. Income portion of the pension with 20:1 factor
3. Remaining lump sum w/ overage taxed at 55%

Version 3.4.11 Release Notes - 2012-11-11

In this release...

• This release handles a bug in Java which prevents some Mac users from launching Voyant.
• Added "PDF" as an importable extension allowing the Fillable Fact Find PDF to be opened in Voyant.
• Corrected an issue in the Fillable Fact Find encountered when a child is included in the Fact Find but a spouse is not.

Other Fixes and Improvements in version 3.4.11

• Updated the child trust fund contribution limit to £3,600.
• The Estate and Inheritance Overview Report in Excel is now correctly subtracting debts.
• Previously, a withdrawal from a Life Fund over fulfills expense when encashing segments.

Version 3.4.7 Release Notes - 2012-09-14

This release is the first installment of several planned estate and IHT enhancements.

In this release...

• Immediate IHT - The assumption of a will with a simultaneous death clause has been removed. For the joint immediate IHT calculations, the youngest person is deemed to have survived the eldest person. An option is now provided in plan preferences to change this assumption such that each are deemed predeceased in the event of simultaneous death.
• Property ownership - Handing of joint tenants and tenants in common ownership of properties has been improved to correctly reflect the disposition of the property at mortality. Further, individually held properties or properties held as tenants in common are no longer liquidated at mortality in cases where the estate distribution plan is 100% to the spouse.
• Investments - Unwrapped and cash investments are also no longer liquidated in 100% to spouse scenarios.

Other Fixes and Improvements in version 3.4.7

• Special events such as disability, critical illness, and long term care now allow modification of the "owner".
• Future inflation rates for contribution/tax relief limits for EIS, ISA, MP pension, VCT plans adjusted to the same rate as other allowances and thresholds.
• For consistency, the "Use Asset Allocation for Account Growth" setting has been moved the asset allocation screen for all account types.
• Credits/Income funding sources for contributions are now correctly prioritized based on the target account owner.

Version 3.4.6 Release Notes - 2012-08-27

Fixes and Improvements in version 3.4.6

• Drawdown Pension - Fixed issue with step up/down when switching from scheduled drawdown to as needed.
• Money Purchase Pension - Changed SIPP type to allow employer contributions. Also corrected layout issue which obscured the tax free cash entry when displaying details in-line.
• Property - Fixed behavior of linked Expenses and Incomes when displaying details sections as a popup.

Version 3.4.4 Release Notes - 2012-08-10

Fixes and Improvements in version 3.4.4

• Money Purchase Pension Contributions - removed assumed linkage to first employment for purposes of calculating applicable income basis and step events. Pensions should be directly linked if contribution amount entered as percent of income and the plan contains more than one employment.
• Final Salary - Corrected deferred final salary survivorship calculations to exclude actuarial reduction and lump sum pension commutation. Also modified ledger to display uncommutated value of pension at the start date for consistency.
• Unsecured Pensions - Corrected issue with annuitisation drawdown event disappearing from the event dropdown if the event timing is adjusted to after age 75
• Real Money Charts - Corrected account details printable chart display of real money account values.
• Family Balance Sheet - Corrected ownership of Money Purchase and USP Taxes to display these in the correct column. Corrected issue with endowments not showing properly shown on Balance Sheet and Income vs. Expenditures
• Timeline - Corrected issue with stage corruption following plan promotion. Also fixed issue with timeline scaling when mortality placeholder event is added to the end of final stage.

Version 3.4.2 Release Notes - 2012-07-21

Fixes and Improvements in version 3.4.2

• Cash Account Sweep - corrected an issue with cash accounts sweeping into spouse's accounts after mortality.
• Money Purchase - eliminate linked drawdown pension from ledger and overview if source money purchase is annuitised.
• Investments - corrected issue with tax deducted as source setting not being persisted upon reopening client file.
• Endowments - corrected issues with endowment maturity value escalation when multiple endowments are entered.

Version 3.4.0 Release Notes - 2012-07-01

Version 3.4.0 brings an updated and enhanced user interface (UI) to Voyant.

The most noticeable change is the way Advanced Settings are displayed and edited. By default, each individual advanced detail section will popup into its own separate dialog. This provides more room for editing items such as "Step Up/Step Down" or Transfers.

If you prefer the previous expand collapse mechanism, a new preference in the "Application Preferences" section, "Edit Advanced Details in popout dialogs", can be unchecked to restore the functionality to the previous mechanism.

In addition to numerous cosmetic changes, certain data entry screens have been re-organized to make basic data entry as easy as possible.

A line showing the total basic expenses in each year can now be shown on the Cashflow charts. This line simply shows the total for all expenses categorized as Basics. Keep in mind that this line does not include any tax expenses. The line can be toggled on and off from the Plan Preferences, or from the "Show/Hide Basic Expenses" link underneath the chart.

An option on debt has been added to allow one to declare the "Interest is tax deductible" on a debt.

Other Fixes and Improvements in version 3.4.0

• Money Purchase Pension - default newly created pensions to crystallize 100% at retirement with 25% tax free cash
• Money Purchase - add contribution details advanced section and employment link controls
• Debt Screen - add ability to link asset to debt from the debt screen. Removed this from the property screen.
• Open Client Record dialog now remembers previous search parameters
• Money Purchase and Drawdown Pension - change annuitization applies default to off for new model items
• Customer Service Dialog - added fields to provide info about the particular plan for which support will be requested

Version 3.3.23 Release Notes - 2012-06-21

This release is a simple maintenance release to update the Voyant security signature which was set to expire on June 22, 2012.

Version 3.3.21 Release Notes - 2012-06-05

Fixes and Improvements in version 3.3.21

• Improved fulfillment item sorter for singly owned expenses such that user entered primary and spouse individually owned cash accounts are given the same priority as default cash accounts (i.e. primary and spouse individual cash accounts will now be used for the other's individually owned expenses).
• Fixed an employment linking issue on the disability screen in What-If plans.
• Corrected an issue with the Finametrica overview screens which caused the spouse fields to remain hidden after opening a single client plan.
• Fixed an issue with calculating interest yield returns when the standard deviation provided in the user entered market assumption is zero.

Version 3.3.19 Release Notes - 2012-05-21

Fixes and Improvements in version 3.3.19

• Added support for Offset Mortgages.
• Corrected handling of benefits-in-kind in the end of year tax computation when multiple employment items are entered.
• Fixed data entry issue with increasing/decreasing lump sum term assurance.
• Corrected Enterprise Investment Scheme IHT regression.

Version 3.3.17 Release Notes - 2012-05-07

This update adds improvements to the recently introduced Income vs. Expenditures screen. Clickable links have been added to each item in the Income vs. Expenditures screen, as well as the Family Balance Sheet screen, to the data entry screen for the clicked item.

Additionally, each year of the plan may be viewed on both the Income vs. Expenditures and Family Balance Sheet screens.

The Income vs. Expenditures also adds an optional checkbox to toggle whether income from pension drawdowns and other withdrawals are included in the income portion of the statement.

Fixes and Improvements in version 3.3.17

• Allow pasting from MS Word documents into Plan Notes
• Legacy Expenses - Incude other spouse credits and accounts to be used as sources for legacy expenses owned by single person. Also allow for joint legacy expense where charitable credits and IHT tax consequences split between owners.
• added in savings growth rate, property growth rate, salary growth rate and the 15yr gilt rate into the Assumptions PDF, Word and Excel reports.
• Improved validation for decreasing lump sum insurance policy
• Correct display of unpaid taxes to reflect tax credits and the actual tax payable. This was a display issue only
• IHT enhancements - added Business Property IHT Relief option to Unwrapped Investments and Property

Version 3.3.16 Release Notes - 2012-04-21

Fixes and Improvements in version 3.3.16

• Added an Income vs. Expenditures view to the Overview screen and fixed layout issues in the Income vs. Expenditures report.
• Enabled recurring transfers from surplus income.

Version 3.3.15 Release Notes - 2012-04-15

Fixes and Improvements in version 3.3.15

• Added an Income vs. Expenditures Report in PDF, Excel and Word formats.
• Plan Overview Report - Resolved dividend income display issue.

Version 3.3.14 Release Notes - 2012-04-09

Fixes and Improvements in version 3.3.14

• Employment - Added input field to the employment screen and tax considerations for benefits in kind.
• Protection - Added decreasing term assurance.
• Child trust fund - Enabled ad hoc withdrawals for child expenses
• Chart details screen - Added a second details panel for use in dual chart mode and enabled resizing for readability.
• Analytics - Added client analytics for Entity Group Admin, Subscription Manager, and Advisers. Analytics functions are available via the Voyant website.

Version 3.3.12 Release Notes - 2012-04-03

Fixes and Improvements in version 3.3.12

• Corrected offline mode issue found in release 3.3.11.

Version 3.3.11 Release Notes - 2012-03-30

Budget 2012 Changes

• Personal Allowance increased from £8,105 to £9,205 for 2013/14
• Basic rate threshold decreased from £34,370 to £32,245 for 2013/14
• Higher income tax rate decreased from 50% to 45% for 2013/14
• Age 65 / 75 personal allowance frozen at £10,500 and £10,660. Also, restrictions added such that clients must reach age 65 / 75 during or before 2013 to qualify.
• Age related allowance phase-out threshold increased from £24,000 to £25,400
• EIS contribution limit increased to £1,000,000 for 2012/13
• National insurance primary threshold increased from £7,228 to £7,592 for 2012/13
• National insurance class 4 lower limit from £7,225 to £7,605 for 2012/13
• National insurance contracted out rebate lowered from 1.6% to 1.4% for 2012/13

Updates to set 2012/13 values which are unchanged from 2011/12 (previously escalated from 2011/12 values)

• Pension contribution limit remains £50,000
• IHT annual gift exemption remains £3,000
• Money purchase pension contribution limit without earned income remains £3,600
• High rate threshold remains £150,000
• Personal allowance phase-out threshold remains £100,000
• Capital gains allowance remains £10,600
• National insurance primary upper limit remains £42,484
• National insurance class 4 upper limit remains £42,475

Other Fixes and Improvements in version 3.3.11

• Money Purchase Pension - Corrected an issue with pension contributions using carried over allowance when contribution is made from multiple sources.
• Reports - Added Excel version of the Family Balance Sheet Report. Also added Endowments to the Balance Sheet Report.

Version 3.3.9 Release Notes - 2012-03-20

Fixes and Improvements in version 3.3.9

• Money Purchase Pension - Fixed an error in the previous release, 3.3.8, which applied earned income limit to employer contributions.
• Asset Allocation Overview - Savings Certificates should be considered cash only accounts.

Version 3.3.8 Release Notes - 2012-03-16

Fixes and Improvements in version 3.3.8

• Money Purchase Pension - Employer contributions are now applied towards both the annual contribution limit and the carried forward allowance.
• Annuities - Hide irrelevant fields when Pension annuity is selected.
• Investments - Ensure base amount entry field is visible on account types where applicable even when the investment has been marked as new.
• Investment Details Screen - Corrected layout issue.

Version 3.3.7 Release Notes - 2012-03-09

Asset allocation returns / market assumptions - Added a new feature to approximate geometric means from arithmetic means for the deterministic cashflow. To enable, go to Preferences -> Market Assumptions and select "Assumptions Type: ARITHMETIC" and check "Approximate Geometric Mean for default calculation." Users with custom market assumptions in their rebrands should email support to update your rebrand if automatic defaulting to use the geometric approximation is desired.

By popular request, tax deducted at source is no longer reflected in the cashflow chart as "Savings and Investments." Taxes are still deducted at the source where applicable but are now only displayed on the Investment details screen and in the end of year tax summary.

Other Fixes and Improvements in version 3.3.7

• Pension Lifetime Allowance - Corrected pension LTA calculation in cases where percent used previously and a protected amount are entered on the taxes screen.
• Drawdown Pension age 75 BCE - Exclude LTA tax charges from being counted against the drawdown limit to allow drawdown in addition to the LTA tax charge.
• Final salary - Fixed exception encountered when entering on Employment screen.
• Employment dividend visibility - Corrected issue where the ledger displays a non-zero dividend value even if the employment type is not set to "Company Owner".
• State Pension - Corrected pension age for females born in 1952.
• Child cash account withdrawal limits - Added ability to set withdrawal limits on non-primary and non-spouse cash accounts.

Version 3.3.5 Release Notes - 2012-02-21

Fixes and Improvements in version 3.3.5

• Final Salary Pension - added death in deferment survivor's pension option.
• State Pension - corrected minimum pension age to 63 for females born in 1953.
• Plan update / promotion - corrected issue caused by collapsing multi/linked events during the update.
• Client sharing - fixed the user search issue.
• Life Funds - corrected top-slicing tax calculations at mortality and where other income is below the personal allowance.
• Overview screen - fixed issue with restore and delete not handling stage detail objects correctly.
• Debt payoff event - corrected handling of event changes in child plans.
• Expenses payment source - removed trusts from this list since withdrawals from trusts must currently be scheduled.
• Reports - added bonus and dividend to incomes in plan overview reports. Also improved handling of asset allocation images in MS Word.

Version 3.3.2 Release Notes - 2012-02-09

7IM Integration

Client data integration with 7IM is now available - allowing direct, secure, seamless, and real time integration between Voyant and 7IM for creating and updating Voyant plans. Contact support@planwithvoyant.co.uk to add this integration extension to your subscription at no additional charge. Note: Setup also requires approval and authentication credentials to be issued by 7IM.

Other Fixes and Improvements in version 3.3.2

• Plan comparison capability has been added for Real Money charts.
• Expense payment sources are now highlighted in a mouse-over tooltip in the detailed info expenses tab for easy tracking and analysis of expense fulfillment.
• Annuity Years Certain - Payments to suvivor should not be reduced to survivorship levels until after the years certain
• Added ability to model Variable Rate Mortgages via new step up/step down of interest rate on Debt screen
• Added bonus and dividend display to Employment ledger
• Updates to State Pension Retirement Age
• Voyant Web Site - fixed issue with client list linking to wrong client records
• Fixed issue when overwriting deleted client files

Version 3.2.90 Release Notes - 2012-01-20

Fixes and Improvements in version 3.2.90

• Annuities - Fixed survivorship payout regression from the previous release to correctly identify the owner of survivor payments.
• Life funds - corrected inconsistency in the calculation of the allowed prior principal withdrawals to be inclusive of the year purchased.
• Chart Improvements - changed color of Yield to be more distinct.

Version 3.2.89 Release Notes - 2012-01-13

Cashflow Chart Improvements

By popular request, this release contains the following improvements to the cashflow chart.

• A new category, Planned Withdrawals, was added to separate scheduled withdrawals and MP lump sum withdrawals from ad hoc savings and investment withdrawals.
• The detailed cashflow chart series are now arranged in the following more natural order - Employment Income -> Other Income -> Pension and Annuities -> Planned Withdrawal -> Ad Hoc Savings and Investment Withdrawals.

Other Fixes and Improvements in version 3.2.89

• Fixed source account filtering for legacy gifts to others in the plan to follow the same restrictions as expense fulfillment. ISAs, Life Funds, and Drawdown Pensions may now be used (when setup to allow withdrawals) to fulfill legacy gifting plans.
• Allow client file renaming when the name is changed for individuals within the plan.
• Improved the Savings Need Analyser to calculate allowable gifting when no additional saving is required.
• Added bonus and dividends where applicable to the Employment step up/down details.
• Added other and unscheduled contributions to the printable account details report.
• CSV and PDF export support has been added to the client list within the subscription and client management console (i.e. the website app).

Version 3.2.87 Release Notes - 2011-12-16

Features and Improvements in version 3.2.87

• Flexible Drawdown Pension - Fixed an issue with the evaluation of secured income. In certain cases, secured income for a spouse was used as the basis for the client's secured income.
• Final Salary - Improved the handling of death benefits in deferment. Lump sum death benefits and the return of individual contributions are now supported options.

Version 3.2.84 Release Notes - 2011-12-8

Features and Improvements in version 3.2.84

• Fixed a synchronization issue which caused excessive "client plan updated" emails and incorrect plan version ordering in certain limited usage scenarios.
• Added a system preference to specify the starting screen when opening a client record. Choose between the Charts, Timeline, or Overview screen.
• Added a system and plan preference for the default Gilt rate used to calculated the maximum GAD limit for drawdown pensions.

Version 3.2.81 Release Notes - 2011-12-2

Features and Improvements in version 3.2.81

• Added the Family Balance Sheet overview and printable reports to all versions of Voyant Adviser.
• Improved the layout of the Fixed the Family Balance Sheet PDF report and corrected the issue related to &s in item names.
• Added 2012 ISA contribution limit, £11,280.

Version 3.2.80 Release Notes - 2011-11-30

Other Fixes and Improvements in version 3.2.80

• Update Report footer with current year
• Enabled transfers between money purchase pensions
• Improved client file version list to better view changes
• Escalate active final salary in deferment for final salary deferred after linked employment ends
• Limit pension contributions to earned income portion of the employment only (i.e. exclude company owner dividends)
• Fix some bugs related to opening old plans
• Added a help popup to Savings and Investments to help explain difference between withdrawal limits and draw-down strategy
• Voyant @Home now defaults to using Java Web Start instead of Java Applet

Version 3.2.79 Release Notes - 2011-11-08

Tax Reporting

• Tax relief at source is now modeled directly for individual contributions to money purchase pension plans.
• Tax details previously displayed only in the Details->Tax info screen within the application are now available as printable PDF and Word report options.

Final Salary

• UI improvements to prevent selection of two events for the pension timing. Only the start event is required.
• Benefit calculations in the context of a disability/income protection simulation have been corrected to compensate accordingly when the disability starts during the employment phase and extends past the planned initiation of the final salary pension.
• Added additional escalation options.

Other Fixes and Improvements in version 3.2.79

• Several improvements were made to plan synchronisation for fault tolerance and backward compatibility.
• Plan overview report layout improved for asset allocations with many asset classes.

Version 3.2.77 Release Notes - 2011-10-23

Features and Improvements in version 3.2.77

• Money Purchase pensions now allow employer contributions to be Stepped Up or Down.
• Corrected a display issue which caused shortfall to be displayed above the need line when utilising the "Liquidate when Needed" option for properties.
• Added full page timeline report.
• Correct asset allocation input rounding issue.

Version 3.2.76 Release Notes - 2011-09-30

This release includes several often requested features including Widow's Pensions, Plan Notes, and Saved Report Sets!

• Death-in-Service/Widow's Pension models are now available as both stand-alone employment options as well as linked to Final Salary schemes. To add a death in service survivor's pension, see the "Death in Service / Widows Pension" details section of the Employment and Final Salary screens.
• Reports now support the ability to save favorite report sets for easily selection upon re-use and to reorder reports sections as desired. Simply drag and drop report sections to select and customize the ordering of the report sections as desired.
• Plan notes - keep track of plan notes now directly linked to the plan in the Overview -> Notes screen. Clicking the arrow by the Notes tab will push the notes data entry to a pop-out window for side by side planning.

Other Features and Improvements in version 3.2.76

• Final Salary plans now include a setting to use only the base salary when computing the Final Salary accrual.
• Scheduled transfers now support recurring annual transfers.
• A fee rate similar to the savings/investment account fee rate is now available for assets entered as Property.
• A Market assumptions rounding issue which prevented name matching after loading the market assumptions has been fixed. Additionally, an improvement has been made to allow for changes to the system assumptions and allocations names upon update.

Version 3.2.75 Release Notes - 2011-09-24

Fixes and Improvements in version 3.2.75

• Fixed Error in uncommon GAD calculation for previous inceptions dates.
• Accounts in plans using an asset allocation based on market assumptions that include yield should ignore yield values specified in the growth section of the individual account.
• Asset Allocation images in Account Details report are too small for custom market assumptions
• Fixed errors with Default Asset Allocation in Default Assumptions report
• Fixed equity values in Plan Overview - Assets report
• Fixed is in Excel report where Assets worksheet sometimes is missing data
• Sweep from Cash accounts didn't properly transfer to cost basis of target account.

Version 3.2.74 Release Notes - 2011-09-14

Fixes and Improvements in version 3.2.74

• Default savings type default order changed to be Tax Free, Tax Deferred, Taxable
• Fixed issue with adding mortality replacement events when "No" is selected from the confirmation dialog.
• Added paraplanners in the "Connected To" column of the Open Portfolio screen.
• Fix for partner's National Insurance Contribution calculation issue when only the primary is contracted out.

Version 3.2.71 Release Notes - 2011-08-19

This release includes a common request from users. A separate preference has been added to specify the default savings growth/interest rate independent of the default investment growth rate. Newly added savings accounts will now use this preference to default rate instead of the default investment growth rate.

Fixes and Improvements in version 3.2.71

• Precision issue fix for GAD calculation
• Dividends on life bonds are incorrectly being taxed as personal dividends
• Fix typo in validation for annuity assumed interest rate between 0 and 100%
• Remaining portion Critical Illness payouts are no longer lost if "Transfer Excess to Savings" preference is not set
• Custom Rebrands can now have adviser profile info in the header and footer
• Fixed issue with after-tax contributions which prevented contributions from utilizing all of remaining employment credits.
• Correction for VCT and EIS tax relief calculations to provide income tax relief on all sources of income tax (not just employment income relief).
• Immediate Estate Scenario - In the PDF Report, the "Other Credits" were not being added to the Value To Estate total
• Home Equity plans double charing interest
• Unsecured Pensions - funds crystallized into the USP at the beginning of the year should be included in the balanced used to compute the percentage based drawdown amount in the year of crystallization

Version 3.2.64 Release Notes - 2011-07-04

Fixes and Improvements in version 3.2.64

• Immediate Estate Report - fixed issue with debt calculation in printed report
• Money Purchase - fixed error when navigating directly from a newly created employment to it's newly created money purchase plan

Version 3.2.63 Release Notes - 2011-06-21

The RPI preference is now used as the basis for the "Real Money" chart instead of the CPI preference.

Fixes and Improvements in version 3.2.63

• Implemented major performance improvements to plan synchronization process.
• Corrected an issue with Other Trust accounts where contributions to other items were incorrectly fulfilled from trusts where the trust was setup to not allow withdrawals.
• Fixed an issue with plan updates where Whole life policies are dropped from the updated plan.
• Improved handling of life funds payouts display on the cash flow chart.
• Corrected immediate IHT calculation issue for single clients with property scheduled to be purchased in the future.
• Implemented LPI rules.
• Corrected Estate and Immediate Estate report totaling issue.

Version 3.2.58 Release Notes - 2011-05-16

Fixes and Improvements in version 3.2.58

• Fixes issue moving existing stage boundaries.
• Equity Release Plan payments were not correctly designated as co-owned when co-owned.

Version 3.2.57 Release Notes - 2011-05-06

This release includes an update is to the historic data set, which has been updated to include the years 2007, 2008, 2009, and 2010.

The Major Loss Event features now use this historic data set to calculate and default the major loss asset allocation percentile for a specified growth rate.
E.g. For a major loss event growth rate of -30%, the asset allocation percentile is set to 4.

Additionally, a new withdrawal limit type allows one to specify the withdrawal limit as the "Max without Tax Liability". This is primarily useful for life funds where one may want to allow ad hoc withdrawals up to the 5% principal limit.

Fixes and Improvements in version 3.2.57

• Fixed alignment of event names at the beginning and end of the timeline.
• The asset allocation overview sometimes shows a blank asset allocation when switching plans or client files.
• Certain Money Purchase and UPS configurations did not properly use yield.
• Money Purchase employer contributions now honor the "Use Base Salary Only for Contribution" checkbox in calculating the employer contribution.

Version 3.2.53 Release Notes - 2011-04-16

There are two ways to use this feature:

From the Chart, Click the "Major Loss" button text next to Simulations. This tab allows you to run a Major Loss simulation in the current plan. Specify the age of primary client when the event will occurr. Click the Settings button to define the nature of the major loss event. Define the length of the Major Loss from 1-5 years, and specify the growth rate and asset allocation percentiles for each year in the event.

To simulate something like 3 year double dip (The following numbers are given as an example)
Year 1 specify -35% and 2%ile
Year 2 specify 20% and 75%ile
Year 3 specify -20% and 11%ile

Select the Event to perform the Required Rate of Return analysis, and click Analyze. The two ? buttons explain the results of the analysis.

Create a what if plan, and go to the timeline screen. Drag the Major Loss event icon on to the timeline. Click the Event Settings at the top of the screen to edit the nature of the major loss event. Default values may be set in the Preferences section. Click Let's See to view the plan with the Major Loss Event. The timing of the event may be changed by clicking Edit Time and dragging the event to a new year.

Other Fixes and Improvements in version 3.2.53

• FinaMetrica import from CSV file now sorts profiles by last name.
• UK Critical Illness Term end year is off by one. The term extended one year longer than needed. Existing plans that were created to working around this issue have automatically been corrected

Version 3.2.51 Release Notes - 2011-04-01

Chancellor's Budget of 23 March 2011 Updates

• Personal allowance increased to £8,105 for 2012/13
• Higher rate threshold reduced to £34,370 for 2012/13
• Increase in EIS income relief rate to 30%.
• ISA contribution limit increased to £10,680 for 2012/13
• CGT allowance increased to £10,600
• Increase in gains qualifying for Entrepreneurs Relief to £10m
• IHT reduced rate of 36% where 10% of Estate is bequeathed to Charity

New Features

• FinaMetrica client risk profiles import tool to facilitate importing existing FinaMetrica client risk profiles into Voyant plans.

Other Fixes and Improvements in version 3.2.51

• Property details screen fixed to show end of year equity values.
• Fixed step up/down of properties to allow a step event in the year of liquidation.
• Fixed an issue with child plans not saving appropriately modifications made to linked debts on insurance products.

Version 3.2.50 Release Notes - 2011-03-19

New Features

We are pleased to announce the availablity of the integration with FinaMetrica's risk profiling system. Please contact us at support@planwithvoyant.co.uk to enable the integration features for your subscription or your trial. You must be a user or trialist of FinaMetrica in order to use the integration features.

See the Voyant UK YouTube channel for an introductory video about the integration features.

To learn more about FinaMetrica's risk profiling system, please checkout www.riskprofiling.com.

The package is free for the remainder of the year for all subscribers who have signed up by June 30th, 2011.

This release also features a complete makeover of the Asset Allocation Overview. The overview includes a new 3D pie chart of the asset allocation in the plan at each event or stage. When using the FinaMetrica risk profile, the asset allocation overview also provides a risk comfort zone comparison between the asset allocation at various points in the plan and the client's risk tolerance comfort zone.

Additionally, one may calculate the required rate of return (RRoR) for the plan from any event in the stage from the overview. An asset allocation overview report features the same 3D pie chart, RRoR from the start of the plan, and FinaMetrica Risk Comfort Zone chart.

One may find the new Asset Allocation Overview screen by clicking on the Overview button beneath "Let's See", and then clicking on Asset Allocation.

Other Fixes and Improvements in version 3.2.50

• CPI/RPI preference has been separated into distinct RPI and CPI plan preferences.
• Fix tax calculations in the year of a BCE 4 event which incurs a lifetime allowance tax charge.
• Contributions to accounts scheduled to continue after the death of all account owners now cease at death of the account owner.
• Allow transfers between Cash and Stock ISAs to be excluded from contribution limit rules.

Version 3.2.48 Release Notes - 2011-03-12

Other Fixes and Improvements in version 3.2.48

• GPP Plans - Corrected configuration of Group Personal Pensions to allow for full income relief through PAYE. Also fixed a contribution limit issue where contributions were made from multiple sources.
• Available Income Limits - Added limit to contributions made from employment income to account for compulsory tax deductions for National Insurance.
• Final Salary - Corrected entry for Final Salary lump sum commutation factor to allow entry of decimal values.
• Enterprise Investment Schemes - Updated income relief rules for Enterprise Investment Schemes and added IHT exclusion rules if funded more than two years prior to mortality.
• Funding item sorting - Improved sorting of expense fulfillment sources to utilize recurring income for both the primary and spouse prior to windfalls and other single year incomes.
• Plan Wizard - Corrected plan update wizard issue related to dropped and duplicated windfall items.
• Debt/Cashflow Chart - Corrected cashflow chart rendering issue regarding the display of incurred debts when used to fulfill a contribution to savings or investments.
• UI Exceptions - Fixed ui exceptions on the insurance beneficiary and tax preferences screens and when generating the Real Money report in certain circumstances.
• Joint Immediate IHT report - Changed labeling of contingency estate distributions for clarity.

Version 3.2.46 Release Notes - 2011-02-25

Finance Act 2011 Updates in version 3.2.46

• Added flexible drawdown rules for individuals with more than £20,000 secured lifetime income. The income threshold is reviewed and inflated by 2.5% (cumulative and compound) every 5 years.
• Added an input to specify the initial maximum allowed drawdown for existing pensions in drawdown.

Other Fixes and Improvements

• The consumer invite url is now visible on the invites screen for consumers who have not yet accepted the invite. Advisers may reference this URL as needed in the event of lost invite emails.

Version 3.2.44 Release Notes - 2011-02-21

New Features

• Added National Insurance Class 4 calculation for Self Employed.
• Added Debt as a cashflow chart item to more clearly identify purchases and expenses fulfilled from debt instead of from savings.

Finance Act 2011 Updates

• Added 3 year carry-over of any unused pension savings allowance. For years prior to the start of the plan, the available carried-over allowances are entered on the Taxes screen.
• New 2011 GAD tables have been included for new drawdown pensions with inceptions dates after 2011 and for use with existing drawdown pensions upon the next review or after the age of 75.
• The maximum drawdowns are currently limited to 120% GAD for drawdown pensions w/ inception dates prior to 2011. With this update, the maximum drawdown is limited to 100% for new drawdown pensions with inception after 2011 and existing drawdown pensions upon the next review.
• The maximum drawdown / GAD limits now evaluated every 3 years for new drawdown pensions and every year for owners over the age of 75 regardless of the inception date.
• The tax on lump sum benefits from drawdown pensions taken at mortality has been increased to 55% (up from now 35%) for new and existing drawdown pensions.
• Removed all of the warnings which might still be in the system related to mandatory annuitisation age 75/77.
• Updated age related personal allowances and income limit.
• Reduced higher income threshold from £38,900 to £35,000


• Coming in the next release - Flexible drawdowns for individuals with a lifetime pension income of at least £20,000.

Other Fixes and Improvements

• Fixed Regular Savings Need Analyzer growth rate issue
• Plan start wizard - Fixed modification exception related to persons age when reentering screen.
• Added version into the title bar and manage plans screen to make it easier to determine which version is currently opened.
• Fixed issue with expenses charts and Excel output where only Basic Expenses were displayed.

Version 3.2.43 Release Notes

New Features

• New "Use Base Salary Only for Contribution %" checkbox on Savings, Investments, and Money Purchase screens allows one to specify that only the base salary should be used to calculate the contribution amount. If selected, then a contribution of 10% from an employment with a £20,000 base salary and £20,000 in Bonus/Commissions will result in a £2,000 contribution rather than a £4,000 contribution.

Fixes and Improvements

• Child Trust Fund - fixed various bugs: could not specify a child cash account to withdraw to, bug preventing contributions
• Fixed bug entering Taxes - Lifetime Allowance
• Allow Cash ISAs to accept contributions from child 16 or older instead of 18
• Fixed bug when Updating/Promoting a what-if plan to a new base plan
• Fixed cashflow chart bug related to insurance payouts

Version 3.2.41 Release Notes

This is a bug fix release.

• Fixed "problem synchronizing files" error received by @Home users that did not yet have a client file.
• Updated 2011 personal allowance phase-out threshold to 100,0000
• Fixed Legacy Expense Wizard
• Fixed various issues with Debt report - Excel report produced error when Debts were 0. Word and PDF reports produced error when Debts chart had not run before generating report. Debt names with '&' caused errors.
• Fixed problem with Protection report including bonuses when calculating employment linked protection policy benefit amount.

Version 3.2.38 Release Notes - 21/01/2011

New Features

• Added support for Potentially Exempt Transfers prior to the start of the plan. Previous PETs are entered on the taxes screen.
• Implemented Benefit Crystallisation Event #4 rules for Unsecured Pensions at annuitisation or at age 75 if annuitisation is not applied. Note: this calculation requires entry of the initial USP balance and the system will prompt for this information upon opening previously saved plans.
• Debt payoff details now include a preferred payoff source.

Other fixes and improvements in Version 3.2.38

• Capital Losses Carry-over - Corrected handling for losses taken in the first year of the plan.
• State pensions - Removed legacy 5 year deferral limit.
• Currency and percent input fields - Improved handling for 'cleared' entries. Values will now consistently revert to defaults. In child plans, clearing a field will cause the value to revert to the value for the same item in the base plan (if the base plan contains the item). For items the base plan or original items in child plans, clearing a field will cause the value to revert to the item's default value or preference value if applicable.
• Plan Update - Fixed issue related to State Pension items being dropped during an update when already receiving benefits is selected.
• Savings and Investments - Fixed draw down issue when switching to withdrawal limits
• Detailed Debt Report - Added data to the detailed Debts report, previously, this report only had the Debts chart.
• Plan Overview Report - Removed Asset Allocation for accounts set to not utilise the asset allocation entries.
• Plan Overview Report - Corrected display of Critical Illness benefit amount.

Version 3.2.34 Release Notes

New Features

• Added support for Discounted Gift Trusts
• Updated 2011/12 national insurance threshold and upper earnings limit to 7,228 (139 weekly) and 42,484 (817 weekly)

Other fixes and improvements in Version 3.2.34

• Fixed - Money Purchase - Contributions without supporting income will continue after crystallization, annutization and owner death
• Update to reports to allow for full pages of disclosures in the front and back, fixed issue with word reports having 1 blank page
• Updated Plan Overview Reports to include more detailed information such as growth rates, asset allocations, etc
• Phased crystallization of Money Purchase - fixed "As Needed" withdrawals
• Phased crystallization of Money Purchase - fixed warning for USP ownership age
• Fixed Joint Immediate IHT report output
• Corrected annuity validation to prevent purchase after mortality

Version 3.2.31 Release Notes

New Features - Revised Money Purchase Drawdown and Expanded USP Income

• Phased Money Purchase Drawdowns
• Ability to Defer, Increase and Decrease USP Income
• Flexible New USP Income Options
• Fully Configurable USP Growth Rates, Asset Allocations and Fees

Note: While most older plans will translate to the new approach without issues, plans having Money Purchase plans with multiple drawdowns using the fixed income option should be reviewed to confirm that the new USP income option is consistent with the plan intent.

For usage examples and more information regarding these changes, please see the new Money Purchase / USP tip page.

Other fixes and improvements in Version 3.2.31

• Life Funds now allow ad hoc, as-needed withdrawals.
• Expenses with preferred payment source settings now use credits created from the preferred payment source via scheduled withdrawals as well as the direct withdrawal from the preferred payment source. This is useful in cases where withdrawals are limited or controlled via scheduled drawdowns.
• Investment return needs analysis fix related to an issue with reinvested yield within Life Funds.
• Corrected handling of estate distributions to people outside of the plan to ensure that these funds are never available within the plan.
• Improved employee benefit Term Insurance policies to use to exclude bonus and commissions from the salary basis.
• Improved handling of unsecured debts at mortality to allow utilization of all estate funds for debt payment.
• Enhanced the Plan Update Wizard to preserve employment linked Money Purchase and Final Salary pensions. Also added flexibility for specifying a previous date during plan updates.
• Improved labeling of immediate IHT reports for clarity.

Version 3.2.30 Release Notes

Fixes and improvements in Version 3.2.30

• Update to reports to allow for full pages of disclosures in the front and back
• Immediate IHT - fix for carry over allowance to spouse when mortality in the same year.
• Cash ISAs are now only included in Asset Allocation Overview when cash accounts option is selected
• Grandchild was erroneously being assigned a gender in the reports

Version 3.2.29 Release Notes

New Features

• Immediate estate and IHT summaries have been added as tabs on the Legacy Overview screen and as options for paper reports.
• Quickly illustrate early mortality in What-If plans by simply dragging mortality events to the timeline. The system will replace existing mortality events with placeholder events for plan consistency.

Fixes and improvements in Version 3.2.29

• Improved final salary over lifetime allowance tax computation to tax lump sum overage and regular income overage at 55% and 25% respectively.
• Corrected issue related to estate distributions to people outside of the plan.
• Corrected issue with entering cash account sweep instructions in What-If plans.
• Fixed Excel report generation error for plans without any entered or generated expenses

Version 3.2.28 Release Notes

New Features

• Spending and sustainable loss analyser - The Needs Analyser for required savings and required investment returns now calculate the additional spending or investment loss sustainable in a plan.

Fixes and improvements in Version 3.2.28

• Fixed issue with plans switching from market assumptions without yield data to assumptions with yield data.
• Improved market assumptions input to allow input of zero for average and standard deviation assumptions for cash.
• Improved visibility of the expenses line on the cash flow chart.
• Change unsecured pension minimum age error to a warning to allow for input of a dependant's pension.
• Corrected an issue with the overview panel upon deletion of a person and the person's associated items in a what-if plan.
• Fixed issue with deletion of investment one-time contributions in child what-if plan.

Version 3.2.27 Release Notes

New Features

• Family Income Benefit protection policies are now modeled and may be added within the "Term/Endowment" section by selecting the benefit type of "Regular Income
• The forced annuitisation rules for money purchase and unsecured pensions at age 77 have been relaxed to allow for continued USP income after age 77 in anticipation of drawdown rule changes in 2011. Unsecured pensions in drawdown after the age of 77 are limited by the calculations to 90% of max GAD in accordance with current alternatively secured pension limits.

Fixes and improvements in Version 3.2.27

• Updated Real Money Reports to include Assets (by Type), Taxes (Simple) and Taxes (Detailed) images in word and velocity reports
• Added a setting for Savings and Investments used to model fixed interest products. Found in the "Growth" section of the Savings and Investment screens, the new setting prevents the performance slider from modifying the fixed growth rate when running a performance simulation.
• Improved the Need Analyser to calculated a negative value for the required return rate and required savings to illustrate sustainable level of losses and gifting or spending which will still result in a successful plan.
• Excluded annuity purchases from expenses charts.
• Fixed the incorrect display of the estate values for life funds not held in trusts.
• Corrected report generation issue with writing reports to a base directory containing & characters.

Version 3.2.22 Release Notes

New Features

• Person deletion - Added the ability to delete people, excluding the primary person, from any plan.
• Capital Losses - Carried over capital losses may now be entered at the beginning of the plan on the Taxes screen and are tracked throughout the plan.
• Chart Zoom/Copy Controls - The interactive charts have been enhanced to include a tool bar for zooming (i.e. changing the scale of the y-axis) and copying the current chart to the clipboard. The copy functionality is especially useful for recording simulation results in client reports and presentations. To access the chart controls, click in the chart area to activate the info panel in any year and then click "Chart Controls".

Fixes and improvements in Version 3.2.22

• Income Protection - Improved handling of benefit and premium timing related to the maximum benefit age and benefit waiting period entries. Premium expenses now end at the maximum benefit age regardless of the specified timeline or linked income timeline. The waiting period, entered in months, is rounded to the nearest year to determine the start year of benefits following a disability event. In addition, the handling of coverage step up/down and inflation has also been improved.
• Recurring Expenses - Expenses may now be configured with a recurrence interval during the scheduled timeline. This allows for easier modeling of periodic expenses such as vehicle purchases and perhaps travel.
• Final Salary - Added disability handling to eliminate individual final salary contributions during periods of disability.
• Property - Added a new preference value for property appreciation/depreciation separate from the default inflation preference.

Version 3.2.20 Release Notes

Also, Voyant has added support for separately specifying dividend and interest yield for each asset class in the Market Assumptions. This change allows Voytant to more precisely calculate the tax implications of growth in Unwrapped Investments. For each asset class in the Market Assumptions, users may specify the average dividend or interest yield produced by the asset class. The Cash asset class is now considered to produce 100% interest yeild.

Checkout the Preferences -> Market Assumptions section to see how this data can be added.

Rebrand customers should contact support if you would like to modify your custom Market Assumptions to include the specification of this data.

Additionally, yield may now be NOT reinvested for all accounts types excluding Life Funds.

New Features

• Added support for dividend and interest yield values in market assumptions
• New button on preferences screen to revert system preferences to configuration defaults

Fixes and improvements in Version 3.2.20

• Account Details Report failing if no growth rate set
• Venture Capital Trusts and other items may now elect to not reinvest yield.

Version 3.2.19 Release Notes

New Features

• For annuitisation, the expected Annuity Rate may now be entered directly as opposed to being derived internally using an assumed interest rate. This allows for more precise modeling of annuities by specific providers and/or consideration of the health of the annuitants.
• Final Salary Individual Contributions may now be specified for employment linked active final salary plans.
• Expenses may now be tagged as tax deductable and are accounted for during the end of year tax assessment step.

Fixes and improvements in Version 3.2.19

• Joint-Life Annutisation w/ Survivorship - corrected the internal calculation of the annuity rate for joint-life annuitants with large age differences.
• Capital Gains Tax Calculation - changed the income basis used in the dual tax rate capital gains calculation to include gross dividends.
• Reports - corrected categorisation of Rebate-Only pensions and miscellaneous formatting issues.

Version 3.2.18 Release Notes

Fixes and improvements in Version 3.2.18

• Money Purchase Pensions - corrected forced crystallisation at age 75 to use drawdown details if entered.
• Other Income IHT - corrected handling of unlinked "other income" at mortality and added additional survivorship option allowing the choice of continuation or ending at mortality.
• Reports - added an Excel version of the 'Taxes' report.
• Update/Promote Plan Wizard - fixed issue with What-If plan promotion.
• National Insurance - changed the assumption for the 2011/12 value of the income threshold from being fixed at 2010 levels to now inflate at the default rate.

Version 3.2.17 Release Notes

New Features

• Individual plans can now be locked by advisers to prevent accidental modification by clients. This feature is found on the plan management screen within the Adviser application.

Other fixes and improvements in Version 3.2.17

• Transfers from taxable unwrapped accounts to cash accounts now incur capital gains.
• Plan update - the remaining durations of protection policies are now updated during the plan update process.
• Insurance information added to report plan overview section.

Version 3.2.15 Release Notes

New Features

• Added an application system preference setting to set the behavior of performance slider range for investments - choose between a fixed range of 0% to 12 % or a floating range of +/- 6% from the deterministic growth rate specified for each investment. This preference can be found in the "Application" settings section of the Preferences->System Preferences screen.

Taxation and Calculation Improvements

• National Insurance budget 2010 updates to earning thresholds and rates.
• Capital gains dual rate tax calculations announced in the 2010 budget have been adjusted to use the income net of the income tax personal allowance as the basis for the dual rate capital gains tax calculation.
• Reinvested yield deposits for unwrapped investments have been corrected to apply to the cost basis sub-account.
• Equity Release Plan credits are now deposited into savings regardless of the "Transfer Excess" setting - similar to windfalls and insurance credits.
• IHT calculations for Life Funds corrected for funds not held in trust. Additional improvements made for display of IHT handling of joint Life Funds.

Other fixes and improvements in Version 3.2.15

• Money Purchase Pensions - Improved contribution timeline handling to allow for contribution timing independent from linked employment timing. Also one-off contributions funding source now include excess credits.
• Plan Overview Report - Improved to detail Savings, Investments, and Pensions as separate categories similar to the Overview screen with Voyant Adviser.
• Allow user selection of tax deducted at source setting for current accounts
• Cash flow chart now displays end of year property values.
• Timeline - Modified to allow deletion of retirement events and improved stage editing error handling.
• Taxes info screen corrected to show the additional tax due to phased out income relief included in the total tax value.
• Fixed report creation failure due to '&' characters in the account name.

Version 3.2.13 Release Notes

This update includes one fix to the ordering of accounts used to fulfill co-owned expenses to use

For example, previously, if an expense was owned by both Bob and Alice, the following is the order of accounts that would be used to fulfill the expense, provided the plan was configured to liquidate taxable accounts before tax free accounts.
Bob and Alice's Joint Savings Account
Bob's Savings Account
Bob's ISA
Alice's Savings Account
Alice's ISA

The ordering was corrected to make sure the taxable accounts of all co-owners are used before tax free accounts are used. The ordering for the example is now:
Bob and Alice's Joint Savings Account
Bob's Savings Account
Alice's Savings Account
Bob's ISA
Alice's ISA

The other major change in this release is to the "Performance" slider. For accounts using asset allocation, the very top and bottom of the slider represents 1 standard deviation change up or down respectively from the 50 percentile return of an asset allocation. For accounts grown using a hand entered growth rate, or the default growth rate, each tick on the slider now represents a +/- .5% change in the specified growth rate. Before, the tick represent an exact growth rate from 0-12%.

For example, previously, with the slider in the middle, all accounts not using asset allocation would use a growth rate of 6%. Now, these asset allocations will use the growth specified from the account screen. With the slider at the very top, and account with a specified growth rate of 8%, will return 14%. With the slider at the very bottom, the account will return 2%. The caveat is that accounts with 100% Cash allocation, or savings account composed will return a minimum return of 0%. Hence, if an account is set with a growth rate of 3%, then the very bottom of the slider will use a return 0% rather than -3%, if the account is a savings account or uses a 100% Cash allocation.

New Features

• Tax deducted at source now an option for current accounts
• Re-investment of yield on ISAs is now optional

Other fixes and improvements in Version 3.2.13

• Performance slider changed to use +/- X% instead of 0-12% for asset grown using an entered growth rate
• Fixed ordering of accounts used to fulfill co-owned expenses
• Reports written to a windows network share do not open.
• Change detection on the Overview Screen is smarter.
• Formattting of long plan names in word reports has been improved
• Real Money data for Liquid Assets, Cash Flow and Expenses added to excel spreadsheet
• An income relief rounding issue
• Plans with 10 years or less could not create a word report
• Various validation improvements.
• When using Voyant offline, show the number of days remaining until the user must login online again.

Version 3.2.10 Release Notes

Budget 2010 Updates

• Personal Income Tax Allowance - Increased to £7,475 for tax year 2011/2012.
• Capital gains - Added higher rate of 28% for gains over the higher rate income threshold.
• Entrepreneur's Relief - Added support for entrepreneur's relief on capital gains from properties with the lifetime limit of £5 million.
• Inheritance Tax Nil Rate Band - The nil rate band has been changed to remain fixed at £325,000 for the next 5 years and then will increase at a rate of 2.5% thereafter.
• Enforced Annuitisation - The age of enforced annuitisation has been increased to age 77. The latest crystallization age for funds held in a money purchase pension remains at age 75.
• State Pension Escalation - State Pensions are now linked to the Nation Average Earning (NAE) growth rate found on the preferences screen.

Additions and improvements in Version 3.2.10

• Microsoft Word reports are now available from the reports creation menu.
• A new Assets chart categorises assets as Savings, Investments, and Pensions rather than Taxable, Tax Deferred, Tax Free.
• Improved quick event entry to accept specific year input as an alternative to the event owner age.

Version 3.2.9 Release Notes

Additions and improvements in Version 3.2.9

• Implemented tax credit rules for legacy gifts to charity.
• Fixed filtering of source accounts for legacy gifts to people outside of plan to be limited to only accounts owned at least partially by the giver.
• Added client file password protection to allow client files to be protected from other (non-HOME) users that have access rights through the subscription to the client record.
• Fixed liquidation order settings which incorrectly prioritized Cash ISAs.
• Improved misc model validation and system warning messages.

Version 3.2.7 Release Notes

Additions and improvements in Version 3.2.7

• Potentially Exempt Transfers - Added support for future potentially exempt transfers. See "Legacy Expense" screens to enter potentially exempt transfers.
• IHT Carryover - IHT carryover's from previous spouses may now be entered on the Taxes screens for each individual in the plan.
• Reports - Miscellaneous formatting improvements to Excel reports.

Version 3.2.0 Release Notes

New Estate Distributions and Inheritance Tax Calculations !!

Features:

• Beneficiary designation for Protection Policies and Life Funds including dependants, charities, or others outside of the plan
• Held In-Trust options for life and endowment policies
• Joint-tenancy and Tenants in Common rights of ownership designations for real property
• Estate distribution plan with provisions for charitable giving and distributions external to the plan individuals
• Detailed estate distribution and inheritance tax overview screen and report options

NOTE: For existing client plans, please review the default beneficiary distribution and ownership settings for insurance, life funds, and real property to ensure these match the plan intent.
In particular, please review real property ownership settings as individually owned properties are now liquidated for estate distribution at mortality.

Other fixes and improvements in Version 3.2.0

• Added dedicated Taxes chart and report option.
• Added Critical Illness and Disability events for detailed planning for these events outside of simulations.
• Endowment Policy validation corrected to allow payout in the first year of the plan.
• Protection and Endowment policies improved to ensure that payouts/benefits change with step changes to linked employments.
• Fixed Money Purchase step details validation error.
• Improved Consumer wizards

Version 3.1.11 Release Notes

New features and improvements in Version 3.1.11

• Investment Return need analysis - determines the investment return required to meet all shortfalls after a specified plan date.
• Annual Savings need analysis - determines the additional annual savings required to meet plan shortfalls.
• New Offshore Investment account type - allows for user specified gains taxation rules for investments outside of the UK tax jurisdiction.
• Long term care simulation - improved to allow for simulation of long term until mortality.
• Improvements to plan promotion/update and other wizards.

Version 3.1.8 Release Notes

Fixes and improvements in Version 3.1.8

• Reports - Added Excel output of report data.
• Term Life Insurance - Fixed salary multiplier input field of term life insurance to allow decimal values.
• Asset Liquidation - For more intuitive cash flow chart, asset liquidation credits are now transferred to cash after expense fulfillment.

Version 3.1.6 Release Notes

Fixes and improvements in Version 3.1.6

• Pension contribution limits - Corrected contribution limits for individuals without employment income.
• Income protection simulation - Fixed display of insurance categories in the detailed view of the cash flow chart.
• Plan overview report - removed annuity purchase expenses from the overview.
• Miscellaneous formatting improvements to reports.

Version 3.1.5 Release Notes

Fixes and improvements in Version 3.1.5

• Improve error message if report output folder can not be created.
• Endowment Policies - fix "Do Not Grow" maturity value setting
• Monte Carlo - fix error for certain types of Market Assumptions
• Prevent error for existing reverse mortgage when no credit limit is specified
• Reports - Add a "Default Assumptions" report
• Miscellaneous minor chart bug fixes

Version 3.1.4 Release Notes

Fixes and improvements in Version 3.1.4

• Investments - added validation for withdrawal limit percent
• Property - fixed validation to allow property liquidation at the start of the plan when liquidate at age is selected
• Debt payments, and asset/investment purchases now have higher priority than basic expenses when fulfilling expenses.
• Improved stage and event validation methods
• Improve Life Fund Liquidation and added a new "Allow Tax Optimazation Strategy" checkbox. With this checked, a segmented life fund will use partial encashments in order to reduce the taxes incurred when withdrawals are made.
• Money Purchase and Unsecured Pension annuitization assumed interest rate now uses the default preference value

Version 3.1.3 Release Notes

Fixes and improvements in Version 3.1.3

• Debts - improved methods for controlling debt payments and payoff
• Added convenience selection for interest only.
• Added debt payoff selection in details section of the debt screen to force a payoff at a specific event.
• Improved handling of debt payment step up/down events.
• Payment escalation as well as distinct steps in payments are now supported.
• Tax brackets and allowance assumptions - Per the pre-budget 2010 report, the following brackets and allowances have been fixed at 2009/2010 levels for the 2010/2011 tax year.
• 20% tax band top end threshold
• Standard and age related personal allowance
• Age related personal allowance income limits
• National insurance earning threshold and limit
• Pension lifetime allowance. Additionally, per user request, the lifetime allowance has been fixed at £1,800,000 until further HMRC projections are provided.
• Asset Liquidation - Full asset liquidation credits are now displayed in the cash flow chart.
• Chart Scale/Zooming Control - To change the scale and zoom in on any chart, click the left mouse button in the numeric label area of the chart's y-axis.

Version 3.1.1 Release Notes

Fixes and improvements in Version 3.1.1

• Final Salary - improved UI and model for handling of deferred pension schemes.
• State Pension - clarified data entry for state pensions currently in payment.
• Client search and delete - this feature is now available to advisors or subscription owners through the Voyant web site.
• Open client dialog now includes a recent clients tab for more efficient client record access.
• Improved online/offline detection and notification.
• Added additional user role types for client and user access control within a subscription.

Version 3.0.21 Release Notes

Complete list of bug fixes and improvements in Version 3.0.21

• National Insurance - corrected calculation to eliminate NI tax for persons over the state retirement age.
• Initial Tax Expense and Rebates - corrected issue where first year tax or rebate was not included in What-If plans.
• Debt Payments - added handling for preferred funding items as with other expenses.
• Endowment Policies - corrected endowment payout in What-If plans.
• Report Timeline Chart - changed the timeline to reflect the primary person's age instead of the year.
• Mortality Events - improved handling of mortality events to allow creation for any person in the plan and to exist outside of the planning timeline.
• Synchronization - improved fault tolerance of sync operations during application shutdown.

Version 3.0.19 Release Notes

This release includes one new feature requested by a number of our advisers, a liquid assets chart., which is essentially the assets chart, excluding all property (non-liquid assets). A liquid assets report is also available as a separate report.

Complete list of bug fixes and improvements in Version 3.0.19

• Final Salary - correct calculation for linked income with fewer than 5 years remaining.
• Report Overview - fixed issue with pension balance in overview.
• Charts and Reports - added liquid assets chart.
• Monte Carlo - improved random returns generator to use alternate method if market correlation matrix is not positive definite.
• Web Services - NTLM Authenticated Proxy Support

Version 3.0.18 Release Notes

Tax Deducted at Source improvements - Taxes deducted at the source from taxable interest bearing accounts are now shown in the cash flow charts as expenses "From Savings". Additional "Gross" and "Net" descriptions have been added to the growth rate, dividend yield rate, and interest yield rate inputs on the Savings and Investments screens to clarify the input as gross or net of the basic tax rate.

Annuity and Unsecured Pension PAYE - Taxes on income from annuity and unsecured pension payments were previously calculated at the end of the planning year and added as an expense when needed to the following year. With this release, annuity and unsecured pension payments are now subject to PAYE tax withholdings. These taxes are created and fulfilled directly from the payment at the beginning of the planning year and are rolled into the expenses value shown in the cash flow chart. Additionally, the PAYE taxes are itemized in the detailed expense panel.

Improved handling of Lump Sum Credits - Lump sum pension credits and windfalls are now transferred to cash accounts after expense fulfillment. This improves the cashflow chart in that it eliminates the misleading "spikes" in the chart caused by displaying credits which were not previously available to fulfill expenses.

Real Money Chart View - An additional option has been added to display the charts in the context of real money where all values have been adjusted by the RPI. This new feature is enabled by clicking the "Real Money" button at the bottom of the chart / "Let's See" view.

Complete list of other issues and improvements in Version 3.0.18

• Added compression to web service requests to improve client record synchronization performance.
• Removed the ability to delete the default cash accounts. These are required by the system.
• Added Charitable Trust investment type and taxation rules.

Version 3.0.17 Release Notes

This release contains significant improvements to the distribution of cash inflows from lump sum payouts and liquidated assets.

New Dedicated Cash Accounts to Receive Excess Cash Inflows - Funds from lump sum cash inflows (e.g. liquidated assets, lump sum payouts from pensions and insurance policies) and yearly excess income (when applicable), which were previously deposited into a single default cash account (current or savings) will instead be distributed into new dedicated cash accounts. Dedicated cash accounts will be created by the software for each person in a plan. Funds will be deposited into these dedicated accounts based on ownership of the cash inflow.

A new sweep account feature has been added to enable the regular transfer of funds from dedicated cash accounts into any range of investments, savings and pensions.

Taxable and Tax Free accounts may now specify a draw down strategy in addition to the previously allowed withdrawal limit settings.

Noteworthy Calculation Changes

• Allow contributions to be made before expenses are paid.
• Allow contributions to non-taxable accounts to come from taxable accounts.

Complete list of issues fixed in Version 3.0.17

• Fixed UI exception when changing owners of a term life insurance.
• Report generation errors encountered when charts fail to render

Version 3.0.16 Release Notes

This release adds some minor enhancements and fixes some minor issues with Money Purchase and Final Salary items.

Transfers can now be made from other accounts to Money Purchase Pension accounts. To transfer from an account into a Money Purchase, go to the source account, expand the Transfers / One-time Contributions Advanced section, pick the "Transfer to" and select the desired Money Purchase acccount.

For Final Salary items, an actuarial reduction has been added to reduce the amount of the final salary for every year the final salary is taken before the normal retirement age.

This release also fixes a bug in the Voyant Consumer beta version that prevented reports from being created.

Noteworthy Calculation Changes

• Money Purchase - Allow transfers in from other credit reserves
• Final Salary - add actuarial reduction if taken prior to the normal retirement age

Complete list of issues fixed in Version 3.0.16

• File Cannot Be Saved - In cases where file cannot be saved to server, automatically prompt user to save file locally
• Final Salary - add actuarial reduction if taken prior to the normal retirement age
• Money Purchase - Allow transfers in from other credit reserves
• Report generation fails for home users
• Company Info not available in Reports

Version 3.0.15 Release Notes

This release fixes a bug in Java that prevented older Mac computers from being able to login from the applet or the desktop application.

Noteworthy Calculation Changes

Complete list of issues fixed in Version 3.0.15

• An SSL problem with Java 5 prevents Mac OS X Tiger and Leopard users with Java 5 from connecting to the Voyant server.

Version 3.0.14 Release Notes

This release fixes an issue in the expense report where the expense total was double the actual total expenses.

Noteworthy Calculation Changes

Complete list of issues fixed in Version 3.0.14

• Expense Report total expenses is wrong

Version 3.0.13 Release Notes

We've corrected the issue where expenses linked to a property with a single owner were dropped from the plan after the owner's death even though the property had not been liquidated.

Other Trusts on both savings and investments screens will no longer fulfill expenses any expense as needed. Instead, to fulfill expenses with money in "Other Trusts", one must use either the "Draw Down Strategy" section or specify the trust as the "Expense Payment Source" for a specific expense.

Noteworthy Calculation Changes

• Other trusts no longer pay for any expense as needed
• 2010 ISA contribution limits updated to legislated value of £10,200
• Property/Expenses - Expenses linked to a home with a single owner are no longer dropped from a plan after the owner's death

Complete list of issues fixed in Version 3.0.13

• 2010 ISA contribution limits updated to legislated value of �10,200
• Other trusts no longer pay for any expense as needed
• Reports: re-ordered Plan Overview page to show Incomes-Expenses, Assets- Liabilities, etc
• Money Purchase Annuitization - added validation for beneficiary w/ joint life annuitization and corrected rendering of people in the beneficiary list.
• Property/Expenses - Expenses linked to a home with a single owner are no longer dropped from a plan after the owner's death
• Income Protection Simulation - Simulation does not show benefits from employment linked "in service" policies

Version 3.0.12 Release Notes

This release includes some minor bug fixes.

Noteworthy Calculation Changes

• Life funds allow more than one owner

Complete list of issues fixed in Version 3.0.12

• Life funds allow more than one owner
• Release notes view in browser button fixed
• Release notes only shown first time Voyant is launched after an update

Version 3.0.10 Release Notes

This release includes the addition of a feature highly requested by UK Advisors; the ability to link the payout of any life insurance policy to the payoff of a debt or set of debts. In addition to the debt payoff, the modelling of endowment life policies has been added as well. Report enhancements continue to be added as well.

To link a debt payoff to a term life insurance policy

1. Go to the newly named "Term & Endowment" screen located under "Protection".
2. Enter the basic data of a normal life insurance policy
3. Expand the details section titled "Link Insurance Payout to Debt Payoff"
4. Click the "Add" button in the details section in order to select a debt from the plan to link to the insurance payout. You may add as many debts as desired to the insurance. The debt must however already be added to the plan before you may use the link debt details section to link it to the insurance.

To model an endowment life policy:

1. Go to the newly named "Term & Endowment" screen located under "Protection".
2. Enter the basic data of a normal life insurance policy
3. Expand the details section titled "Payout At End of Term (Maturity)"
4. Select the "Receive Payout at end of term (Policy Maturity)" checkbox
5. Enter a value for the "Current Maturity Value"
   The value entered here will depend on how you want to model the growth of the endowment.
   • If you want to simply enter the estimated value at maturity as a future value, then enter that amount, and leave the "Do Not Grow Maturity Value" option selected.
   • If you want to model the growth of the maturity value from start to payout, then enter the starting value for the maturity value, and then select either "Grow Maturity Value Annually By" to grow the maturity value annually by an entered growth rate, or "Grow Maturity Value Annually using Asset Allocation" to grow the maturity value annually by a selected asset allocation.

Noteworthy Calculation Changes

• Life insurance payouts may now be directly tied to the payoff of debts
• Support for endowment life policies

Complete list of issues fixed in Version 3.0.10

• Added "What's in this release" dialog to show these release notes
• Allow Life Insurance policies to be linked to debts
• Add support for modelling endowment life policies
• Report Redesign, added Debts detailed and Expenses charts
• Added insurance payouts to Cashflow details
• Added workaround for java user.home directory bug on windows systems using Citrix
• Report files generated on Mac OS are put in wrong location
• Plan Preferences Savings Order and Liquidation Order preferences do not persist after being applied on preferences screen
• Life funds only allow one owner
• Client Save should write to local DB regardless of "enableOfflineMode" setting
• Continued report design enhancements.
• The Personal Data and Plan Overview sections are no longer required when generating a report

Version 3.0.8 Release Notes

This release fixes a number of behind the scenes bugs as well as a few showstoppers. Additionally, a number of improvements to reports styling have been added.

Noteworthy Calculation Changes

• Percentage of Income contributions now work correctly for Savings and Investment items

Complete list of issues fixed in Version 3.0.8

• Plan cannot be saved with a british pound symbol (£) or euro symbol (€) in the name of the plan or any item in the plan.
• Percentage of Income contribution calculation for Savings and Investments items is not correct
• Report design enhancements.

Version 3.0.7 Release Notes

A few of the most noteworthy changes in this release include the addition of the Net Worth Chart to reports, and the addition of a non-reinvested Yield category to the charts.

Complete list of issues fixed in Version 3.0.7

• Add "Reset to Default" button to Asset Allocation details section to allow user to reset the allocation to the plan's default asset allocation.
• Add sort button to ledger to allow items to be sorted by name, value, or order entered.
• Report Redesign, added Net Worth Chart, and assets to Overview Page
• Fix DOUBLE-CLICK client save issue.... created multiple duplicate client records
• Fix error using asset allocation "Select Optimal" button
• Fixed offline mode with mixed casing of the username
• Invited home user is not linked to advisor who invited