Industry Voice: Retirement Advantage: New features launched

Combining the certainty of an annuity with the flexibility of drawdown in one tax-advantaged wrapper, The Retirement Account created new opportunities for retirement planning when it launched last November.

Some advisers have used an annuity in The Retirement Account to allow clients to manage the level of income taken, and enable tax-efficient withdrawal of death benefits. Others see it as a way of introducing guarantees into a drawdown proposition. And some identified The Retirement Account as an ideal home for defined benefit pension transfers.

This March the Protected Income Portfolio was launched, exclusive to The Retirement Account - a balanced, index fund providing continuous protection at 80% of the highest unit price achieved, locking in growth over time.

And a new quote system and dashboard allows advisers to quote online, plan income scenarios and track applications in real time. Find out more about The Retirement Account or register for the quote system today.