Old Mutual Wealth launches planning tool to complete retirement income suite

Provider brands retirement income offering IncomeSelect

Scott Sinclair
clock

Old Mutual Wealth (OMW) has launched an income planning tool to complete its retirement suite for advisers, with the overall proposition branded IncomeSelect.

As well as the Retirement Income Explorer Tool, IncomeSelect includes its Generation Portfolios and its Collective Retirement Account. The three multi-asset Old Mutual Generation Portfolios were "refreshed" earlier this year following the pension 'freedoms' introduced in April. Among the tweaks made to the "total return" vehicles was the ability to invest directly in income generating stocks. Old Mutual's Collective Retirement Account is a personal pension offering clients "flexibility" in their investment choices in a tax-efficient environment. It added flexi-access drawdown to the a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Income

Gilt yield drama makes rising annuity rates 'hard to ignore'

Gilt yield drama makes rising annuity rates 'hard to ignore'

Dramatic spike in government borrowing costs

Jenna Brown
clock 13 January 2025 • 4 min read
Annuity misconceptions may lead to more stressful retirement

Annuity misconceptions may lead to more stressful retirement

'Annuity sales could, and perhaps should, be higher'

Ahmed Bawa
clock 18 December 2024 • 4 min read
L&G annuity sales hit all-time high of £2bn in 2024

L&G annuity sales hit all-time high of £2bn in 2024

Following a resurgence in annuity sales in the market

Sahar Nazir
clock 03 December 2024 • 1 min read