Telekurs Financial Announces A-Day Pricing Solution

With new pension valuation rules soon approaching, Telekurs Financial is pleased to announce the launch of its A-Day Pricing Solution through the Intraday Pricing Service. The service is designed to meet the requirements of the UK Government's A-Day rules for the valuation of clients’ Self Invested Pension Plans (SIPP), which come into effect on 1 October 2006.

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The change to valuation rules following A-Day affects everybody who has a SIPP, whether contributing or not, and in some cases those who are already drawing their pension. The new tax system brings the eight different tax rules governing the various types of pensions into line to create a single tax regime.

As well as giving the pension holder more flexibility in terms of which instruments can be included in a SIPP, the new rules specify the methods to be used in the valuation of SIPPs.

Telekurs Financial will provide clients with a 'Quarter-up Price', a 'Halfway Price' and a 'Market Value Price' for UK instruments, along with the relevant prices for international instruments.

The Intraday Pricing Service is a flexible solution that meets the needs of UK SIPP providers by delivering the following benefits:

>> Flexible, portfolio-based valuation snapshots
>> Customisable output reports for simple implementation
>> Access to prices for over 2.7 Million instruments globally, across all asset classes
>> Security selection using a client's chosen numbering system (Sedol, ISIN, Valor, etc.)
>> Simple uploading and downloading of requests and reports

To find out more about our Intraday Pricing Service please click here.

To get in touch with a representative from Telekurs Financial , please email info@telekurs.co.uk or call on Tel. +44 (0)20 7550 5000.


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