Money Advice Trust recently confirmed the trigger figures for the Common Financial Statement will be updated on 1 April 2020.

The figures will be published on the Common Financial Statement website from that date. If any advice organisation requires these figures prior to this date, for example to implement software applications, the figures can be requested directly from Money Advice Trust.

AiB will adopt a flexible approach for a period of one month after 1 April 2020 as a transitional arrangement for advisers updating their systems and processes.

More information about the Common Financial Statement is available on the Common Financial Statement website.