Intelligent Pensions offers IFAs free drawdown transfers

clock

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 lim...

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 uncategorised

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 18 September 2024 • 2 min read

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •