Standard Life launches retirement planner tool

The new tool is the first of a number of enhancements to Standard Life's retirement proposition which will include the introduction of variable annutities later in the summer. From October, the insurer will also allow protected rights in its SIPPs. Its new Retirement Manager tool allows advisers to input all the client’s assets including: employment income, state pension benefits, company and private pensions, property and other investments. It also takes into consideration any varying income needs and the client’s attitude to risk. The tool then pulls together an action plan matching t...