Old Mutual Wealth launches planning tool to complete retirement income suite

Provider brands retirement income offering IncomeSelect

Scott Sinclair
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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...

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