Tomorrow enhances drawdown proposition

clock

Tomorrow, the at and post retirement specialist, has extended its drawdown offering to allow transfers between both Protected Rights USP contracts and Protected Rights ASP contracts.

The group says the advantages of switching to another provider include continued flexibility for clients to manage their financial affairs when looking for the best investment returns and the ability to escape from poor service. Ray Chinn, pension product design manager for Tomorrow, says: “The ability to access Pensions Commencement Lump Sums under Protected Rights plans captured many people’s imagination at A-Day – as evidenced by the increase in this type of USP plan. "Further changes in stance from the DWP, looking to bring Protected Rights benefits into line with Non Protected Righ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers turn to smoothed funds to help manage volatility threat

Advisers turn to smoothed funds to help manage volatility threat

Decreasing exposure to equities also a popular strategy

Isabel Baxter
clock 26 March 2024 • 1 min read
Examining the 60/40: Building diversified portfolios in 2023

Examining the 60/40: Building diversified portfolios in 2023

Advisers have a lot to consider when it comes to portfolio diversification

Charlotte Moore
clock 14 April 2023 • 6 min read
Schroder Investment Solutions expands distribution of MPS

Schroder Investment Solutions expands distribution of MPS

Expanding the range of DFM choice on the Parmenion platform

Ayesha Venkataraman
clock 06 December 2022 • 2 min read