Which account does the Lump Sum Need Analyser assume the lump sum is to be paid into?
The lump sum generated by the simulation will be paid into a Needs Analysis Account. This account will use default Investment growth rates taken from your Plan Settings minus any Fees.
To check the Growth Rates used in the Insight, run the Lump Sum Savings Insight then go to Year View. Scroll along in the years until the Lump sum is paid into the plan and check the Needs Analysis Account Net Growth rate.
Further information on the simulation can be found here. Read more >>