"With a multitude of retirement income options now available it’s crucial that clients understand the potential investment risks and impact of any given strategy."
The new ‘Sequence of Returns Risk’ tool is free to use, enabling advisers to compare different hypothetical investment scenarios to show clients how market fluctuation could affect their income during retirement.
John Perks, Managing Director at LV= Retirement Solutions said: ”With a multitude of retirement income options now available it’s crucial that clients understand the potential investment risks and impact of any given strategy. LV=’s new interactive ‘Sequence of Returns Risk’ tool, part of our Retirement Hopscotch offering, helps advisers have a clear, straightforward conversation with clients around their risk profile and product selection.”
Earlier this week, LV= announced that it is hosting a national series of seminars alongside Responsible Equity Release, aimed at helping intermediaries get involved with later life products.
It also confirmed plans to waive all pension wrapper exit charges by the end of 2016.
