Advice brands join forces for employee at-retirement service

Aimed at DC pension schemes

clock • 2 min read

Foster Denovo, Towry and LV= will offer advice and guidance to Capita Employee Benefits' clients approaching retirement through its At Retirement service.

The firm said the service, run by Rob Tinsley, was aimed at employers and trustees of defined contribution (DC) pension schemes and was introduced following increased demand post-pension freedom. It will offer workers three levels of advice or guidance. LV= will offer non-advised guidance to people who know what their retirement strategy is. It said this may include buying an annuity. The insurer will also offer robo-advice for people with relatively straightforward, medium sized pots, which is backed up by telephone support from regulated advisers. Full advice (either face-to-f...

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