LV= launches investment risk tool for advisers
LV= has launched a investment risk tool which allows advisers to demonstrate how the timing of investment returns can impact their client’s pension fund.
"With a multitude of retirement income options now available it’s crucial that clients understand the potential investment risks and impact of any given strategy."
The new ‘Sequence of Returns Risk’ tool is free to use, enabling advisers to compare different hypothetical investment scenarios to show clients how market fluctuation could affect their income during retirement.
John Perks, Managing Director at LV= Retirement Solutions said: ”With a multitude of retirement income options now available it’s crucial that clients understand the potential investment risks and impact of any given strategy. LV=’s new interactive ‘Sequence of Returns Risk’ tool, part of our Retirement Hopscotch offering, helps advisers have a clear, straightforward conversation with clients around their risk profile and product selection.”
Earlier this week, LV= announced that it is hosting a national series of seminars alongside Responsible Equity Release, aimed at helping intermediaries get involved with later life products.
It also confirmed plans to waive all pension wrapper exit charges by the end of 2016.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
Mortgage Rates
Average five-year fixed rate mortgage hits 6%
