Novia Financial has teamed up with Just Group to launch a guaranteed income solution product through the platform's self-invested personal pension (SIPP).
The launch of the product means advisers using the Novia platform can now target a guarantee income for life, while investing the remainder of a client's portfolio in more adventurous assets. Novia and Just said this was the first time a platform-based SIPP had been able to offer a fully underwritten guaranteed income solution integrated inside a platform. The product provides a personalised guaranteed income for life based on the client's age, individual medical conditions and lifestyle factors. The firms said, by using the solution inside the SIPP, advisers could minimise income and...
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