Just Retirement is to launch a set of products aimed at Middle Britain retirees offering ‘mix and match' options for retirement income.
It said it would continue to offer guaranteed income for life through annuities but would also offer what it dubbed ‘drawdown-lite' through its own platform. The platform will give advisers access to a selection of moderate to low-risk passive funds. Guaranteed income products would be modernised, it added, with flexibility extended guarantee periods. Uncrystallised Funds Pension Lump Sums, also known as UFPLS, will also be facilitated to enable client funds to be retained uncrystallised. Just Retirement director Stephen Lowe said the business would not look to provide full drawdow...
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