v28.3 What's New

Pension Scheme Return  

To meet the updated PSR requirements, we’ve added new fields into Platinum within Loans and Borrowings, Relationship Management for both Organisations and Contacts and the ability to record annual valuations for SSAS. 

We recommend you start recording PSR data in readiness for the January deadline, keep an eye out for future releases containing additional PSR changes. Further information on our updated PSR data capture can be found in Platinum Learn.  

Investments: Policy Reference Search  

We have introduced a new Policy Reference search tab in the Investments landing page, a search in Platinum can now be completed using either a Policy/Account Number or a Portfolio Client ID.  

 Using the Investment Client Reference filter, you can search for:  

• Policy/Account Number to find self-managed investments or holdings within a portfolio.  

• Portfolio Client ID to find portfolios at a transaction or valuation level.  

  
  

Soft Warning for BCEs  

 The create BCE process has been enhanced to automatically alert you when a member holds crystallised funds that need to be considered in relation to benefits taken before 6 April 2024. This prompt will help ensure correct treatment of pre- and post-6 April 2024 drawdown funds, guiding you to create a new plan where separation is required. 

Validation for Capped Drawdown Members 

A validation has been introduced into the Claim Master creation process for Capped Drawdown members, designed to flag instances where the annual pension amount is missing from the Pension Details tab. This data is essential for capturing the appropriate data item required for any future potential Full Payment Submission (FPS) reporting. 

SIPP Claim Transaction Due and Bank Balances Report  

The Claim Transaction Due and Bank Balances Report within the Report Engine has been enhanced and is now including bank account data for true group and asset group members.   

P45s for Stand Alone Lump Sum Payments  

P45s can now be generated for Stand Alone Lump Sum Payments.  

Lease Invoicing 

The Lease Invoice Batch process has been enhanced to include a ‘Single PDF’ download option. This will generate a single continuous PDF file with all the selected Invoices included in the file, each displayed on a separate page.  

The Lease Invoice Line Item batch process has been updated to keep the invoice narrative generated consistent with the line items created in the manual ad hoc process.  

Report~Pro Endpoints 

New endpoints have been added to Report~Pro for personal bank accounts and borrowings.