WM tech to power Just Retirement's 'rainy day fund' platform

The firms built the Composer platform for a range of "low cost" passive funds which will allow clients to stay part-invested when buying an income for life. Advised clients will be able to keep their savings invested in a pensions tax wrapper, and to draw from it when needed. Pension savers qualify for up to 45% tax relief when paying into their pension, depending on how much income tax they pay and subject to an annual limit of £40,000. The government has this April freed up the retirement income space, allowing savers aged 55 plus to access their pots in any way they please. W...