Scottish Life develops adviser drawdown support package

The provider said its suite of tools - to be launched in early autumn - was being developed ahead of likely regulation in the area, which has come under recent criticism for potential mis-selling. Investment marketing manager Lorna Blyth said giving advisers more support in the area was important as the FSA was likely to regulate in the area as a result of its questionnaire on the topic, sent out to advisers earlier in the year. Blyth added Scottish Life saw income drawdown as a growth area for advisers - but said the process of set up was complex and advice intensive. She said the...