Provider Royal London has launched a drawdown governance service for advisers to help them keep track of clients' portfolios and manage moderate sized pots more efficiently.
The online portal gives advisers an overview of all their clients' drawdown investments with Royal London and flags when things are going off course. The provider currently has about 51,000 income...
Shone a light on 'closet trackers'
‘Documentation, documentation, documentation’
'It will have to lead with product intervention and product governance'
'Advice will be delivered in new exciting ways' - Iress