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...
Joint life second death option added to relieve tax burden on couples gifting assets
Backed by Schroders, LGIM and the IA
New system for funds without without three-year track record
Clients to be compensated by end of 2018
Rolled out to 25 schemes next month