Aries this week released the latest update of its market-leading integrated pensions technical support tool, the Aries Pensions System. APS v8.6, now in rtf format, includes the following new features (in addition to updated text, covering recent changes in legislation and practice):

• new text section on FURBS and UURBS
• over 80 more SIs covered in the SI Guide, including earnings cap and revaluation SIs
• data input for retained benefits in pension form (Maximum Funding and Headroom Check)
• entry of 7-digit salaries in Maximum Benefits calculations
• PN 10.34 calculation for Post-89 Tax-Free Cash in Appendix XI Test
• printable summary for App. XI cases suitable for sending to clients
• Glossary & Abbreviations updated for latest edition of PMI/PRAG "Pensions Terminology"