Old Mutual Wealth launches planning tool to complete retirement income suite

Provider brands retirement income offering IncomeSelect

Scott Sinclair
clock

Old Mutual Wealth (OMW) has launched an income planning tool to complete its retirement suite for advisers, with the overall proposition branded IncomeSelect.

As well as the Retirement Income Explorer Tool, IncomeSelect includes its Generation Portfolios and its Collective Retirement Account. The three multi-asset Old Mutual Generation Portfolios were "refreshed" earlier this year following the pension 'freedoms' introduced in April. Among the tweaks made to the "total return" vehicles was the ability to invest directly in income generating stocks. Old Mutual's Collective Retirement Account is a personal pension offering clients "flexibility" in their investment choices in a tax-efficient environment. It added flexi-access drawdown to the a...

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 Income

Targeted support: FCA rules out specific annuity suggestions

Targeted support: FCA rules out specific annuity suggestions

Firms must signpost consumers to MoneyHelper’s annuities comparison tool

Jenna Brown
clock 30 June 2025 • 3 min read
How annuity underwriting needs to change to meet Consumer Duty

How annuity underwriting needs to change to meet Consumer Duty

'This is an industry systematically delivering poor outcomes'

Andrew Gething
clock 24 June 2025 • 4 min read
Annuities in a post-freedoms world: The need for rebranding and repositioning

Annuities in a post-freedoms world: The need for rebranding and repositioning

‘The challenges facing today’s retirees are intensifying’

Steve Butler
clock 22 May 2025 • 4 min read