Zurich has made changes to its adviser platform in an effort to target the "impending" wealth transfer from baby-boomers to younger generations, the firm has said.
It has launched a junior ISA and pension offering, dubbing it a "cradle to grave" investment solution for advisers and their clients. Junior ISAs can be opened on behalf of a child aged 17 or under by their guardians and can have up to £4,260 saved into them each year. Junior retirement accounts, on the other hand, are available to parents and guardians with children aged under 18 and have an annual limit of £2,880 - worth £3,600 after 20% tax relief. The platform, which places a focus on its retirement proposition, said it made the changes despite MiFID II and other regulatory reform...
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