FreeBen Projection Reports

FreeBen Projection Reports - Customised "what if?" illustrations for your client

In most cases, when you produce a FreeBen Entitlement Report for your client, it will show that they are not entitled to Means Tested Benefits, or only qualify for a small amount.

Occasionally you will come across a client who does have a significant entitlement to Means Tested Benefits. In such cases you may require detailed information as to how a change in your client's financial circumstances might affect this.

The FreeBen Projection Report is an optional report that complements the FreeBen Entitlement Report for Retirement Age Benefits.

It contains all the information provided by an Entitlement Report, but with additional pertinent information relating to Retirement Age Means Tested Benefits. It also provides a personal illustration showing precisely how applicants’ benefits entitlement might be affected by various additional amounts of income and/or capital.

It is possible to model up to 32 varying options of increased income and/or capital.

There are two versions of the Projection Report:

• Equity Release version with wording and additional information specifically relating to the context of Equity Release products.
• Generic version with wording designed to cover any circumstance where income and/or capital might increase.

A sample Projection Report is available via your secure login once you have registered for the FreeBen service

These reports are available at an additional charge of £35.00 per report, with discounts available on request for volume users.

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