Content Personalization User's Guide
Contents
1. iveyant Create a New Client Case File The Open Client Record Dialogue After opening Voyant and signing in the Open Client Record dialogue will then display This is where you can open existing client files or create new ones Open Client Record FirstName Adviser email Quick Start LastName ienteemal Seach Clear Suide Client l Created l Client Email Connected To No results Voyant Adviser 3 2 58 r160153 Network Status CONNECTED click to check connection 1 Click the New Client button to start work on a new client file Let s create your first client file in this case for the Campbells Woyant Adviser 3 2 58 16015 VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document Enter the Basics Ayan t The plan creation wizard will guide you through a quick five step questionnaire setting the plan s start date and gathering the basics about your client your client s spouse or partner children other dependants and any other individuals that might be considered in the plan Your client s current retirement status will also be recorded yant Plan Start Date Plan Start Date Enter the date your plan should start O Today Set Date Plan Date2. 01 01 2012 dd mm yyyy Select a Start Date First consider the Start Date of the plan The Campbells submitted their details to us very recently Normally most users would set the plan to begin today especially if the account balances incomes and expenses they provided by your client are currently accurate However to try to keep your results in synch with ours we will set the planning year start date back to the beginning of the year 2 Plan Start Date For purposes of this tutorial select Set Date and enter 01 01 2012 as the plan s start date TCT eTCT TT Tere re rr ee eer ere Te Note The planning year is defaulted to begin on today s date with each subsequent year beginning on the anniversary of that date the assumption being that you will normally have recent details on your client s account balances earnings and so forth 3 Click Next to continue Start Dates and Planning Years Plans are fashioned around a planning year which can be set to begin with the current day with the planning year beginning and ending with the anniversary of the date the plan was created Plans can also be set to follow calendar years tax years or even your client s birth date could be used to start planning years based on age Be sure to configure the year in a way that is most meaningful to you and your client Any expenses income amounts and accounts balances that you enter should be relevant to the
3. Julia s retirement at her Retirement event VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document Voyant Inc 2012 wiveyant Default Assumptions for Drawdown Retirement Income Before continuing to State Pension benefits let s take a moment to discuss the software s default assumptions for retirement income from money purchases Voyant is designed to allow you to create a robust plan in a matter of minutes without delving into the advanced settings Retirement income is set initially to a basic drawdown scenario used by many advisors before exploring alternative options such as annuitisation or phased drawdowns You can view these default settings on the Money Purchase WITHDRAWALS amp ANNUITY screen s Withdrawals amp Annuity gt Drawdown Strategy ea Drawdown Strategy Drawdown Pensions USFI Ce Annu ity 71 Money purchases are set by default to crystallise in ADVANCED SETTINGS Drawdown Pensions USP panel whole at the owner s Retirement event with 25 of the funds being taken in lump sum as tax free cash Drawdown Strategy Drawdown Pensions USP Retirement John v Fercent Used Tax Free Cash w Phase drawdown over Years Drawdown Pension Details GdaGu
4. default in the Events v John palette at the top of the screen _ Alex Martina 4 To the right of the Events palette are a variety of event icons that can be selected and dropped onto the timeline below Locate the Mid Life Crisis event icon Special Events for Scenario Building Second drag and drop an event icon into the Timeline y Birt Major Loss Daycare amp Celebration A Al Remodel college Critical Illness MH House 9K Start Business MM wedding Mortality Boat Other Retrement Link The icons on the far right side of the events palette are for special use in modelling scenarios such as disability early mortality and running major market loss simulations To see a video on how create scenarios using replacement Mortality events visit the Voyant UK YouTube channel VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document 5 Left click on the Mid Life Crisis event the car icon and while continuing to press the left click button drag and drop the event above the timeline below A line will display to help guide you to the appropriate age year in the timeline below Release the drop the event anywhere above the timeline below Since John is selected
5. following entries and selections in the fields to the left 33 Income Source Select Employed 34 Income Source Name Enter Christie Kiel 35 Salary Enter 125 000 John s gross annual salary before pension Employment Enter Gross Income contributions and taxes sss s ssnn 36 Select Annual to indicate that these are his annual earnings Enter employment incomes in gross amounts i e pre tax before the come Source i i Income Source deduction of any pension eee eee Christie Kiel contributions Voyant Adviser will Eag 125 000 do the tax calculations for you Pension contributions made from Monthly Annual Supporting salaries will also be Bonus Commisions deducted from this gross income Benefits In Kind 7 i ne You may need to gross up income in cases where your client has ADVANCED SETTINGS Add Cle provided a net income figure VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document iveyant 37 Time Check the Time panel located on the right side of the screen The Time Panel Selecting Alternative Start End Events Selections on this panel are used to set the tim
6. up or down the timeline to reschedule the timing and duration of items in a plan provided that the event is not being used as Stage boundary Stage boundary events are noted with perforated boxes Stages by contrast are discrete periods of time that cannot overlap Stages a better suited for dividing the timeline at a broader level Retirement for example could be divided into two stages Active Retirement and Later Retirement both with very different needs and expenses All said use events primarily Why events and stages Why not enter ages years or dates for timing Stages and especially events provide a layer of abstraction that specific dates and ages do not Items timed using events such as the duration of one s career can be easily adjusted by dragging events up or down the timeline Items can even be rescheduled interactively on the Let s See charts as the plan is discussed with your client Click the Edit Time button and with one easy drag and drop everything tied to the Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document Vyann t Preferences A Quick Check for Matching Default Settings Before we continue let s take a quick detour to the Preferences screen to check the software s default growth rates account fees and calcula
7. INVESTMENTS Mi PENSIONS Money Purchase Drawdown Pension Final Salary Annuity state Pensions PROPERTY ASSETS DEBT Start Age Basic State Pension Dependent Spouse Addition OO Dependent Child Addition Oe Escalating State Pension Benefits Notice that the amount shown in the ledger is different from the estimate entered State pension benefits including benefits currently received by the client are escalated annually based on the National Average Earnings index This rate is set on the Preferences screen gt Plan Preferences gt Default Inflation Growth Rates panel gt National Average Earnings Voyant Inc 2012 wiveyant Julia s State Pension Benefit Julia s current state pension estimate is also 5 044 Unlike John she plans to defer her state pension for three years taking benefits instead at age 70 She would like to receive her deferred benefit in a single lump sum payment 76 People Go to People panel located on the right side of the screen and select Julia as the owner of the benefit A check mark will appear next to her name Make the following entries and selections in the fields to the left 77 Start Age Enter 70 indicating that Julia wishes to defer her benefits for three years Deferred Benefits Since the pension is being deferred past the normal benefit age an option will display Receive Deferred Benefits as Lump Sum 78 Tick
8. ISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document wiveyant The timeline can be edited by dragging and dropping events onto it and then repositioning them which will change the timing and duration of items within the plan that are tied to these events For example John and Julia s retirement ages could be changed by moving their Retirement events up or down the timeline Let s leave these events in place for now 55 Future Ages and Years on the Timeline Axis Retirement John Notice the numbers along the axis of the timeline These are John s future ages His ages are shown because he is the owner of the selected event If one were to select an event owned by Julia her future ages would be shown To illustrate how events are added to the timeline and used to schedule items in on the axis If an event has no the plan let s drag and drop an event to indicate that during an impending mid AEDS OMNE fs GEOG Fay life crisis John will purchase a sports car at age 52 the event in the Events palette above two digit future years will 24 John will be the owner of this new instead be displayed event As the primary client his name is First select an owner already selected by
9. Pension 62 Account Name Enter Julia s GPP Account Name BRT 63 Account Balance Enter 45 000 Account Balance Annual Contribution Be or Of Salary 64 Annual Contribution Enter 8 Julia plans to Employer Contribution Yes No contribute eight percent of her salary to this pension Oo Matic hing w of Ind 100 LU pto a of Salary fixed cE or ot saary Contracted Out Yes No 65 Employer Contribution Select Yes to indicate that Julia s employer matches at least part of her pension contributions 66 Select Matching 67 of Ind Individual Contribution Enter 100 to indicate that one hundred percent of Julia s contributions are being matched by her employer 68 Up to of Salary Enter 8 to indicate that Julia s employer will match up to a maximum of 8 of her salary 69 Contracted Out Select No Sort 275 000 70 Click Add amp John s GPP Jahn Julia s money purchase will be shown in the ledger on the right side of the screen A link icon is shown next to Julia s pension indicating that there are items in the plan linked directly to her money purchase The software I Start I John s Sports Car John Wi Retirement John I Retirement Julia I Retirement Retirement Julia 2035 Age 60 has automatically created an unsecured pension drawdown pension to receive funds from the money purchase when it will be crystallised by default at
10. ant Inc Use of this information is solely for the recipient of this document wiveyant State Pension Benefits John and Julia have provided their current pension estimates from the Pension Service 75 To enter their future benefits select Pensions gt State Pensions in the left navigation John s State Pension Benefit John s current state pension estimate is 5 044 per annum He plans to begin taking these benefits at the normal benefit age which is currently 67 2 People Check the People panel located on the right side of the screen As the primary client John is already selected by default Make the following entries and selections in the fields to the left 3 Start Age Enter 67 to indicate that John s benefits will commence at the normal benefits age 1 Basic State Pension Amount Enter 5 044 2 Click Add The pension benefit will be shown in the ledger located on the right side of the screen Coo Guide Me Community Sort State Pension John 11 204 The line graph at the bottom of the screen will show the projected field beginning and future escalation of these benefits m Ei m VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document
11. ant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document wiveyant 54 Select Matching ee ee ee ee eee The Fixed option would be selected when entering employer pension contributions 55 of Ind Individual Contribution Enter 100 to indicate that one that are made independently of any hundred per cent of John s contributions are matched by his company contributions made by the employee r f r Ne 56 Up to of Salary Enter 10 to indicate that his Employer Comribution Yes No company will match up to a maximum of 10 of Matching of ind 100 Upto of Salary BU John s salary Fixed oO o o o or of Salary im 57 Contracted Out Select No 58 Click the Add button John s money purchase now appears in the ledger located on the right side of the screen A link icon is shown next to the pension indicating that there are items in the plan linked directly to John s money purchase Stari E John s Sports Car John TA Retirement John etic Retirement Jahn 2032 Age 60 59 Click this icon to view what this linked item is The software has automatically created an unsecured pension ss8sss8 drawdown pension to receive funds from the money purchase when it will be crystallised by default at John s retirement This is pop up
12. ar Joh B Retirement John Whenever an item needs editing always select it first in the ledger Details will be displayed in the fields left ready for updates VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document wiveyant Julia s Income Julia is currently employed as a nurse and earns a gross salary of Income Source Name Nurse 3000 per month 40 People First go to the People panel located on the right side Monthly Annual of the screen Select Julia as the income earner A check mark Bonus Commisions r will appear next to her name Benefits In Kind Make the following entries and selections in the fields to the left 41 Income Source Select Employed 42 Income Source Name Enter Nurse 43 Salary Enter 3000 Julia s gross monthly salary 44 Select Monthly to indicate that the amount entered are her monthly earnings 45 Time Check the Time panel which sets the period over which the income will be earned WB Star I John s Sports Car John Wl Retirement John i Retirement Julia Retirement The start event shown with a green dot and end event shown with red dot are selected by default indicating that this salary wi
13. as the owner of the event his future ages will be shown along the axis of the timeline below John anticipates that his mid life crisis will strike when he turns 52 and as a result he will be compelled to make a completely impulsive purchase a sports car Show Names i Retirement Ed Retirement 6 Now that the event is on the timeline left click on it again and drag and drop it over age 52 The names of these events are only suggestions and can be easily changed once an event is added to the timeline 7 Double click on the name of the Mid Life Crisis Mid Life Crisis ohn event The event label will become editable 8 Enter John s Sports Car Pre Ketrement 9 Press Enter on your keyboard to save this change We will use this event ina moment to schedule the purchase of this sports car as a future one off expense VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial iveyant Timing Events vs Stages The timeline is divided into two stages both bounded by events Events and stages will be used throughout the plan for timing to schedule when expenses account contributions incomes pensions and protection policies are to begin and in some cases end Events can also be used to schedule the liquidation of assets Which is more convenient to use As a rule events are much more flexible than stages since they can be easily moved
14. e span over which the income will be earned Different start or end events could The start event green dot and be selected to begin or end the end event red dot are selected by income later or earlier in the default indicating that this salary Start E John s Sports Car Joh Retirement John planning timeline To select an will be earned from the beginning alternative time span for the income of the plan the Start event until deselect the default events by John s planned retirement the Retirement ohn 2032 Age 60 clicking the red dot end event TELE 7 Retirement John event at age 60 aan seat and or green dot start event Then reset the time span of the income by Leave these default selections in ME Mortality Julia selecting different start or end place for now events 38 To view the year and age at which the income will end move your cursor over the end event Retirement John The line graph at the bottom of the screen will Pre Retirement present a general illustration of how the income will grow and when it will end 39 Click the Add button John s income now appears in the ledger located on the right side of the screen Later whenever you need to edit an item in the plan you will select it first in the ledger Ledger The Ledger The ledger always shows initial annual values rr Stage Event Stan E John s Sports C
15. erences Preferences are Defaults Although preferences provide the defaults many of these settings including growth and inflation rates and account fees can still be modified for items individually within the plan J oa a co a a co Bop Ln Ln Expenses for example are grown using a default Asset Allocation h inflation rate taken initially from the Plan Preferences This rate can be changed for an individual expense however by editing the default inflation rate on the Expense screen s VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document 0 5 Liquidation Order h 28 Expand the Liquidation Order panel and verify that the settings on your computer match the following Investment Fees B Liquidation Order ey 29 Expand the Calculation Settings panel and verify that the settings on your computer match the following All of the options on this panel should be left deselected Calculation se Risk Profile Settings fey 30 If any updates were necessary click the Apply button located in the bottom right corner of the screen to save these changes An Important Note About the Numbers Voyant Advisor is not a standstill programme It is co
16. label is active link that can be clicked to jump directly to details about the future drawdown which are found on the Pensions gt Drawdown Pension screen Additional settings are available for the drawdown on this screen including drawdown income options settings to schedule the future annuitisation of the drawdown if desired Julia s Employer Sponsored Pension Next enter the details of Julia s money purchase Julia makes regular contributions from her salary into a group personal pension These contributions are matched by her employer Julia plans to contribute 8 of her income annually Her employer in turn matches 100 of her contributions Her employer will match up to a maximum of 8 of her annual salary Unlike John Julia is already taking full advantage of her employer s matching contribution programme VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document Ayan t 60 People First go to the People panel located on the right side of the screen Select Julia as the owner of the money purchase A check mark will appear next to her name Enter the following details about Julia s pension and schedule her future contributions to it 61 Type Select Group Personal
17. ll be earned from the beginning of the plan until Sarah s planned retirement at 60 Accept these default selections for now Retirement Julia 2035 Age 60 E Mortality Julia The line graph at the bottom of the screen will adjust presenting a general illustration of how the income will grow and when it will end 46 Click the Add button Ledger Julia s income now appears in the ledger located on the right side of the screen and the growth trajectory of the income is shown in the line graph at the bottom of the screen Sort Christie Kiel John 125 000 Pre Retirement m i Retirement VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document wiveyant Pensions INVESTMENTS TM PENSIONS Let s continue by filling in the details of John and Julia s pensions Both participate in Money Purchase employer sponsored money purchases Drawdown Pension 47 Select Pensions gt Money Purchase in the left navigation Final Salary Annuity state Pensions John s Employer Sponsored Pension PROPERTY ASSETS John makes regular contributions from his income into a group personal pension These DEBT contributions are being matched by his company John plans
18. ment plans but other options can be easily explored Current Retirement Plans using what if planning scenarios We will John and Julia both plan to retire at age 60 sssrrsstssstrssrrssttsrtt1 discuss scenarios and how to create them in the next tutorial in this series 20 John Retirement Age Enter 60 Retirement 21 Julia Retirement Age Enter 60 22 Click Finish Enter retirement planning information At what age do you plan to retire Age John Already retired C Already retired _ You ve now completed all of the basics needed to create the Campbell s client file and to construct their basic planning timeline VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document The Planning Timeline Ayan The planning timeline will display This basic timeline for John and Julia will show the start year and their planned retirements both positioned at age 60 This timeline was devised as you entered the Campbell s planning basics a few moments ago Time Add life events and stages such as weddings college buying a home and starting a business Click NEXT to continue to Employment Se First select an owner Second drag and drop an event icon into the Timeline D
19. nstantly being developed and updated to ensure that the software models U K taxation and pension rules as accurately as possible The results shown in this guide were generated when the tutorial was written Even with matching preferences and duplicate entries future changes to tax code and pension rules and subsequent updates to the software may result discrepancies between the results shown in your test client case and those illustrated in this guide VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document wiveyant Employment Income Client New Open Save Let s continue by filling in the details from our interview with John and Julia eee Manage Plans beginning with their incomes PEQPLE 31 Select Employment in the left navigation RISK PROFILE TIME On this screen you will enter the details of the Campbell s employment including Es EMPLOYMENT salary wages commissions and bonuses and employer sponsored pensions T i mak CO y John s Employment John is an employee of Christie Kiel a privately owned architectural firm 32 People First check the People panel located on the right side of the screen As the primary client John is already selected the income earner Make the
20. rag and drop a stage color into the Timeline w John Home Earl Julia Birth Mid Life Crisis Travel ajor Loss mi iis E Retirement nil Daycare Part Time Celebration Remodel Inheritance Disability mi Empty Nest i bajt Prepi College Critical Iliness bups r passa House Start Business Wedding Mortality l New dti Boat Other Show Names 23 Move your mouse over these events to view basic details about them Retirement Julia m i I E Retirement Retirement E Retirement Q unk bee el Part Time Traveler Retirement Mortality Events and How to Edit Mortality Age Notice that John and Julia have Mortality events both of which are set at age 90 The plan will effectively end when Julia dies at age 90 Default mortality ages are set from the software s Preferences screen System Preferences gt Default Ages gt Mortality Age Should you ever need to change the mortality age of a client after the client file has been created go to the Time screen left click on the client s mortality event and drag it up or down the timeline Moving a mortality event up the timeline should present no problem You may need to pause periodically to allow the timeline to redraw However modelling early mortality is usually best done in what if scenarios using replacement Mortality events see video We will explain how to use replacement events later in this tutorial series VOYANT ADV
21. selected start date A video explaining start dates and how to later update client files during regular client reviews can be viewed on the Voyant UK YouTube channel VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document wiveyant Clients John and Julia Campbell Enter the details about the Campbell family The name of the first client you enter will appear later as the name of the client case file John Campbell About You 1 First Name Last Name Enter John Campbell Enter information about yourself 2 Gender Select Male 3 Date of Birth Enter 11 07 1972 John s current age will be Pees Campbell id ee displayed Gender Male O Female 4 Johnand Julia are married Select Married a17 j 1972 a a YYY Current Age 40 5 Click Update amp Next Are you Single Married Julia Campbell Populating the People Panel f ar As you make these entries notice how 6 First Name Last Name Enter Julia Campbell they are being used to populate the 7 Date of Birth Enter 06 10 1975 Julia s current age will be People panel on the right side of the displayed screen You will later use this panel to identify the ownership of items wi
22. stalication start income ee Drawdown Pension Details O None O As Needed Yearly O of Account Value o Drawdown Fixed w Inflation oO 72 Drawdown income is also be set to begin at the owner s Retirement event and will be defaulted to the maximum Amount C fixed w o Inflation income allowable within the GAD limit of GAD Amount oo Maximum To determine the maximum allowable income the software will use the adjustable 15 Year Gilt Rate the einen nn 6 ee owner s age and gender to perform an initial GAD table Lump Sum a Pitt yet anon a een Survivorship Continue Unsecured Pension Payments lookups in this table every three years thereafter or at O Annuitize any subsequent benefit crystallisation event 73 The software will also test for the owner s eligibility for flexible drawdowns If the secured retirement income requirement is met the GAD ceiling on drawdowns will be removed Even with drawdown income set to maximum and the GAD limit removed no more than the maximum amount needed to meet expenses will be drawn from the pension 74 These crystallised funds will continue in drawdown until either the drawdown is depleted or the owner dies whichever happens first VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voy
23. the Receive Deferred Benefits as Lump Sum check box to indicate that Julia wants to take her deferred benefit ee ee op Receive Deferred Benefits as Lump Sum amp in lump sum If this option were left unticked her future feat Sia ARHAR EIL pension payments would be increased accordingly BASIC STATE PENSION 4 Basic State Pension Amount Enter 5 044 Amount Dependent Spouse Addition OO Her estimated Lump Sum Benefit Amount will be displayed Dependent Child Addition above 5 Click Add The pension benefit will be shown in the ledger located on the right side of the screen This future benefit estimate will be escalated by the National Average Earnings index Questions Assistance Should you have any questions when building your first client case file please feel free to contact our support staff by e mailing support planwith voyant co uk VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document
24. thin 8 Gender Select Female the plan 9 Click Update amp Next Partner Spouse Enter information about your Spouse or partner Gender Male Female Date of Birth 06 10 1975 dd mm yyyy Current Age 36 VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document wiveyant Children John and Julia have two children Alex and Martina Enter their basic details into the plan Alex Campbell 10 First Name Last Name Enter Alex Campbell eae Last Name Campbell 11 Gender Select Male Gender Male O Female 12 Date of Birth Enter 02 04 2000 Alex s current age will be Date of Birth 02 04 2000 dd mm yyyy displaye a Current Age 12 Relationship Child 13 Relationship Select Child This is the default selection 14 Click Add Martina Campbell Last Name Campbell Gender Male e Female 15 First Name Last Name Enter Martina Campbell P Date of Birth dd mm yyyy 16 Gender Select Female Current Age amp Relationship Child w 17 Date of Birth Enter 15 08 2003 Martina s current age will be ca displayed 18 Click Add 19 Click Next Exploring Alternative Retirement Options These are the Campbell s current retire
25. tion settings At various times during this tutorial we will be checking our progress in the Let s See charts If you want to compare the numbers in your client case against those presented in the guide it s a good idea to first verify that the default preferences in your version of the software match those that were used when this guide was written However even with matching preferences your results might be different from those shown in this tutorial For more information see an important note about the numbers 25 Click the Preferences link in the lower left corner of the screen in the left navigation 26 Go to the Plan Preferences on the right side of the screen Preferences are arranged into a series of expandable panels System Preferences Plan Preferences 27 Expand the Default Inflation Growth Rates panel and m Preferen left are the default settings verify that the settings on your computer match the Syste eferences left u Ing l that the software will use from the outset following whenever a new client case file is created Plan Preferences Plan Preferences right show the settings that are being applied to the plan currently in view These preferences are plan specific and could be set Default Inflation Growth Rates teh differently in various what if planning scenarios If the defaults need to be changed within a client s plan be certain to make these updates in the Plan Pref
26. to contribute 8 of his salary to this pension His company in turn matches 100 of his pension contributions and would potentially match contributions up to 10 of his annual salary Should John wish to take full advantage of his company s programme he might consider increasing his contributions to 10 of his salary This is something that we could explore later in a what if planning scenario 48 People First check the People panel located on the right side of the screen As the primary client John is already selected as the owner of the pension Enter the following details about John s pension and schedule his future contributions to it 49 Type Select Group Personal Pension aye Group Personal Pension w 50 Account Name Enter John s GPP Account Name Account Balance E EARR HHI 51 Account Balance Enter 225 000 the current balance of the pension at the beginning of the Annual Contribution RE or GU of Salary plan Employer Contribution Yes No Matching of Ind 100 Up to of Salary 10 52 Annual Contribution Enter 8 John plans to Fixed z oO or of Salary contribute eight percent of his future salary to od Se a orxof Salary this pension Contracted Out Yes No 53 Employer Contribution Select Yes to indicate that John s company also makes contributions to his pension VOYANT ADVISER INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 2012 Voy
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