Analysis

Hand in hand with our Advisor Tools, Imago Illustrations provides and analysis tool. For instance, analyse your illustrations at the click of a button, view information on charges, income, fund growth, effect-of-deductions, lifetime allowance and more. You can manipulate or 'tweak' your illustration basis to instantly see the effect it will have on your pension arrangement - see how taking a smaller income, retiring later or deferring for instance going into drawdown will affect your fund.

ASP

ASP are supported

Charting

Ability to display calculation results in a richer, more visual way than ever before. Web based graphics enable bar and column graphs, pie charts and line graphs to much more quickly and easily convey your clients illustration information.

Contributions

Enables user to enter multiple contributions both single and regular with different payment frequencies and tax free cash  (PCLS) percentages.

Critical Yield

Supports for Type A and Type B.

Funds and fund charges

Enables the configuring of funds you use and any associated management charges. The user can select the funds the member would like to invest in and allocate a percentage to each fund as well as modify the charges for the fund/investment

Goal Seek

Instead of specifying contribution levels, Imago enables the specification of retirement income goals, Imago then works out the contribution strategy.

Integrated User Interface

The current version brings together all of the Dunstan Thomas front office products, including Illustrations, Reviews and Advisor tools and presents them as an integrated platform for pensions and investments professionals.

Member search facility

A search facility allows the user to find an existing member using his/her name or/and surname. This provides quick access especially when the system is data intensive.

Other

Civil Partnerships become a valid marital status. Respective
adjustments to annuity calculations will be made.

Output

Output from the calculation engine can be delivered as a PDF or a full set of results from the calculation process can be delivered as an XML message or Excel file.

Product charges and administration charges

Capability  of utilising a wide range of investment types each with their own distinct charging structures. You can add as many or few charges as is required to define your product. Charges can be predefined with a default amount which can be modified on a quote by quote basis, or configured in a tiered structure. Charges can be set up to be applied either as an amount or a percentage of the plan value at the time of deduction. The frequency and timing of applying them can also be changed. This means you can have initial charges, monthly, annually, in arrears or in advance.

Projections

Provides  projections of benefits, funds etc using standard FSA rates for the current plan value until age 75 (or the chosen final annuity or ASP date). The system also shows the affect of inflation on the benefits (i.e. real rates of return as defined in CP134).

Protected rights

Minimum age for Protected Rights reduced to equal that for Non-Protected Rights. New revised GAD tables will provide a uniform basis.

Protection

Enhanced and primary protection support.

Reports

The illustrations are produced in PDF format. Each illustration has a unique name and is stored on a server for future auditing and reference.

• Point of Sale illustrations
• Production of acceptance letters
• Production of post-sales Key Features Documents (KFDs)
• Customer requests for projected (what if) policy values

Security

Enables  an administrator to add, modify and delete individual user accounts. Each user logs in to the system by providing a unique username and password. Only registered users will have access to the system providing security to the application.

Single sign on

The platform has a configurable single sign on capability for integration into portals and web sites.

Straight through Processing

By using the latest SOA and web service technologies, Imago is better than ever at integrating into your companies back-office systems.

Test Harness

Imago has over 500 different  test cases running different scenarios. These can be delivered automatically through Imago calculation engine for verification and compliance purposes. It facilitates the input of predefined test data into the calculations engine so the resulting data can be easily compared against a set of predefined expected results.

Validation

Imago validates user input values as data is entered and as users navigate between screens. Additional validation is performed before a quote is calculated.

Users and Security

With the ability to group Imago users and hide quotes created by one group from another, coupled with the ability to assign different levels of authority to change data, Imago can be deployed centrally whilst still being able to service all of the differing requirements of your separate (internal or external) business areas.