PROGRESS: February 2025

🆕: Money In / Money Out 

Following a request from an adviser, we've added Net Money In / Money Out to client performance and valuation report, now shown in the Portfolio Daily Values chart  in Report Pilot. 

🔀: Partial Sipp Transfers

Users can now instruct partial cash transfers for accumulation SIPPs from within the Professional Portal, provided the providers are set up to facilitate transfers via Origo.

To do this, we need to capture a bit more detail:

• The amount to transfer, or
• The amount to leave behind.

The instruction will then be automatically sent to the ceding provider and can be tracked via the Transfer Workbench.

🔂: Cloning Illustrations

We've added the ability to clone existing illustrations in the professional portal. This lets users re-create similar illustrations for different customers, for a more efficient and user-friendly process requiring less re-keying. 

In the Illustrations tab, click on the illustration you’d like to clone, and select the ‘Clone’ button at the top right-hand side. This creates a new illustration page, pre-populated with the existing details which can be edited as required.

This only applies to illustrations created since the development, not historic ones.

↔️: Asset Re-registration Database

We've added a new report to Report Pilot which shows you the average time in days to register assets for over 482 different assets. 

You can search the live database by asset or asset manager. The report shows you:

• Status of the fund (Active, Delisted, Suspended),
• Average re-registration length, in days.
• Number of assets by manager
• Shortest avg by asset manager
• Longest avg by asset manager

The data consists of assets that the P1 Platform has registered, hence why we don't have data for all of the 2000+ assets available on the P1 Platform.

💻:TYE

It's upon us again! Here are the key details you need to be aware of:

• 23:59:59 05/04/2025 - As long as there is a valid expectation on the platform with the correct reference, we can accept payments up to this time.
• Setting up Direct Debits - If you want to use Direct Debit, be aware it takes five days to be lodged, and payment will then take an additional five days.
• Direct Debit Payments - Payments can take up to five days to complete.
• If in doubt, use Faster Payments first.

If you have any questions, please contact your account manager or email: platform@p1-im.co.uk

 💡 Feature Discovery💡

Withdrawal Sustainability Report - It hasn’t been long since we launched this feature, but we wanted to highlight it again as it’s been extremely popular with those who have used it.

With retirement income a key industry focus, this report was developed to help advisers stay on top of clients who may not have sufficient income to meet their regular withdrawal needs.

You can filter the results by:Wrapper, Auto Divestment, Remaining Cash or Total

 

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