Pension provider Scottish Life is to launch five portfolios with varying levels of risk exposure designed specifically for clients in income drawdown.
The firm is also set to unveil an online tool for IFAs to help them better document discussions with clients considering income drawdown and give comprehensive projections using stochastic modelling. The five drawdown funds, part of the company's Governed Range, have been designed to reflect different levels of risk appetite for people using income drawdown. The Governed Retirement Income Portfolios (GRIPs) - which are diversified, multi-asset arrangements - will be launched on 29 August, alongside the income planning tool. Scottish Life investment marketing manager Lorna Blyth sa...
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