Popular Frequently Asked Questions

See all of our FAQ help points

Where do I enter details about my bank deposit accounts

Enter these details as a Personal Investment in the Assets and Investments  section.

What does LifePlan mean by general estimate for income (yield)?

This is how much you estimate your investments to pay out (or re-invest) as annual income expressed as a percentage of the capital sum invested.

How do I know what to expect to draw annually from a pension plan?

If you are unsure what level of annuity rate to specify for one or more of your pension plans you can seek advice from your financial adviser or you can view current annuity rates from the Government website moneyadviceservice.org.uk.  It is important to note that future annuity rates may be quite different from the level of annuity rates available today.

Why doesn't LifePlan calculate Capital Gains Tax (CGT)?

LifePlan cannot accurately calculate any future Capital Gains Tax liability as we do not request the purchase price or purchase date of any asset and we cannot calculate any relief that you may be entitled to in a year when an asset is sold.

I have answered all the questions and my current progress shows less than 100%?

Do not worry if this occurs as you may have legitimately skipped a step. Lifeplan will still calculate in most cases where progress is less than 100%.