Intelligent Pensions is offering IFAs the chance to transfer their income drawdown clients to its drawdown partnership service with no initial charges.
The retirement advisory company says IFAs are concerned they will not be able to cope with the complex nature of drawdown, coupled with the continuing need to demonstrate suitability of advice.
"Income drawdown is a relatively complex area of advice, particularly delivering effective and robust exit strategies for clients," says Andrew Pennie, marketing director at Intelligent Pensions.
"Demonstrating ongoing suitability requires constant attention to meet the regulators requirements and with the upcoming changes to drawdown legislation, we felt this was an ideal time to make this limited offer available to the IFA market.
"Under our drawdown partnership service, we take full compliance responsibility, the client receives a bespoke and competitive ongoing service and our IFA partners are able to receive an ongoing income for their involvement, often the same amount as they currently receive."
The offer is available for drawdown clients with £100,000 or more in their pension plan, and applications must be received before the end of the financial year.
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