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BT Wrap adds early warning system

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By Victoria Tait
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1 minute read

BT Wrap has launched tax and trading tools aimed at helping advisers quickly gauge the tax implications of clients' trades and warn them if the impact is adverse.

BT Wrap head Chris Freeman said the changes were part of an ongoing drive to increase efficiency for advisers and deliver better value to BT Wrap investors. "These features are game-changing," Freeman said.

BT Wrap's 'minimum gain' setting is the new default sale allocation method for investment and accumulation accounts, signaling which investment will incur the lowest estimated taxable gain and, in the case of a sale, highlighting that parcel as the first cab off the rank.