Income Choice Annuity Demonstrator

How to use the Demonstrator

(A) To compare projected performance:

• Click on the "Income Choice Demonstrator" tab
• Select:
  • The gender of your client
  • The Smoothed Returns you'd like to see for years 1 to 5, 6 to 15 and 16 to 25
  • Your selected starting income (this must be between the Minimum and Maximum Incomes shown)
  You can then see the projected income levels over 25 years



• To view the results on a graph, click the grey button. You can select what is shown on the graph by checking or unchecking the boxes

(B) To see the impact of pensioner inflation on retirement income:

• Complete step A above, as the income you select in this step for Income Choice Annuity will automatically pull through
• Click on the "Inflation Demonstrator" tab
• Select the estimated pensioner inflation you'd like to see for years 1 to 5, 6 to 15 and 16 to 25
• Choose the income profile you would like to see (either the selected income you chose in step A or the minimum or maximum income)
  
  You can then see the projected income levels over 25 years



• Click one or both of the two buttons to produce graphs which demonstrate the impact of inflation on Guaranteed Pension Annuity income and Income Choice Annuity income

Terms of Use

1. In the Terms of Use 'The Software' means all software (excluding Microsoft Excel) and other materials contained within the Demonstrator.
2. Microsoft Excel is a registered trademark of the Microsoft Corporation.
3. Copyright and all other intellectual property rights in respect of The Software is, and shall remain at all times, in the ownership of Prudential.
4. The Software shall be for your own use and shall not be given, sold, loaned to or allowed to be used by any person not employed by or contracted to you.
5. You may make one copy of The Software for security back up purposes. These conditions shall apply to any copy made.
6. You must not decompile, reverse engineer or otherwise tamper with The Software contained within the Demonstrator.
7. We may, from time to time, issue amended or updated versions of The Software. Should this occur, this will then become the current version of The Software at any time.
8. Prior to release of this disc, we have carried out virus checks using up-to-date virus-checking software. We do however recommend that you carry out such checks as you consider appropriate prior to using this Demonstrator. We cannot be held responsible for any loss or damage caused by the continued presence of a virus which has not been detected by the virus checking software.
9. The Software has been prepared in accordance with our understanding of the Guidelines of the Financial Services Authority and current HM Revenue & Customs legislation and practice, as at August 2009, all of which is liable to change without notice.
10. We have applied care and skill to produce The Software to a professional standard. However, we cannot guarantee that The Software is free of errors or omissions, nor can liability be accepted for any losses, howsoever incurred, arising from the use of The Software.