Defaqto has upgraded its IFA research tools to provide improved functionality for post-retirement product queries.
The upgrade adds ‘income guarantee’ and ‘capital guarantee’ data columns to the Aequos Online and Engage software.
The new functionality will initially be available for IFAs performing research into income drawdown products.
David Abbis, principal consultant for wealth management at Defaqto, comments: “The new research functionality will enable IFAs to identify, appraise and, where appropriate, recommend one of the new breed of guaranteed products aimed at the post retirement market.
“This has initially been launched within our Income Drawdown research area as Defaqto believes that this is where the main market for ‘third way' products will manifest itself.”
The data fields will be added for other relevant pension and investment products in the coming months.
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