Industry news and views from Panacea and our partners.
Retirement_
Use Aegons Relevant Life calculator
Use Aegons Relevant Life calculator to see the potential tax savings that can be made using a relevant life policy compared to a non-relevant life policy.
Aviva: Equity release as individual as your client
We dont just put money into our houses. We pour our heart and soul into our homes. At Aviva, we understand that, with so much personality invested in every home, you need an equally personalised approach to releasing equity.
Aviva Investors: Five charts that will make you think differently about retirement
Retiring at 60 is a relatively new concept, and possibly a short-lived one in our history. As populations age and age better people are looking at a host of ways to stay in work and sustain their retirement income. We present five charts that sum up the changing landscape.
Aegon: Inheritable ISA now available on Aegon Retirement Choices (ARC)
If your client owns ISAs when they die, their surviving spouse or civil partner can now use their inherited additional permitted subscription on ARC
FundsNetwork: Top pension topics for your CII exam revision
With the CII exams getting closer, you may find FundsNetwork's library of over 40 videos valuable for your final preparation.
Zurich: Protection for life stages: Middle-aged couples
Bob and Mary are in an enviable financial position, but have concerns about care costs dwindling the estate they have carefully built for their beneficiaries. Zurich explores the options they have
Legal & General: Is downsizing your clients only option?
There could be another way to free up money Do you have clients looking to downsize? Our research shows almost half of those wanting to downsize couldnt find a property to match their needs.
FundsNetwork: Retirement Outcomes Review PS19/21
The FCA has now issued their final rules on a second tranche of remedies PS19/21. One of the key points is that pension providers must give consumers in decumulation annual information on costs and charges. Here FundsNetwork briefly summarised the main areas from the Policy Statement.
Just: The Just For You Lifetime Mortgage gets better and better
Just are continuing to make their Just For You Lifetime Mortgage simpler, broader and better.
Aviva's equity release that's as individual as your client
We dont just put money into our houses. We pour our heart and soul into our homes. Aviva understand that, with so much personality invested in every home, you need an equally personalised approach to releasing equity.
Legal & General: Longevity the flaw of averages
A longer life expectancy is good news, but longevity is perhaps the most difficult part of the retirement puzzle for both advisers and clients. People often confuse averages with probabilities and there are so many factors that could have an impact on someones lifespan that its often difficult to know where to start.
Zurich: Drawdown retirees unaware they can vary (or stop) income
Many people in income drawdown are unaware they can slow the flow or turn off the taps, with those not receiving advice unsurprisingly most in the dark.
Legal & General: Who is a lifetime mortgage for?
Theres no single type of lifetime mortgage customer. Weve seen customers in a range of different circumstances benefit from unlocking the cash in their home. Its not just the client that benefits from a lifetime mortgage either; a lifetime mortgage can help their families, too.
Old Mutual Wealth: How do you make sure your clients pension meets their income needs?
Take three minutes to watch our latest Collective Retirement Account video where Ian Browne, pension expert, talks about how to tailor your clients pension and make strategic alterations so that it stays up to date and on track with their requirements.
L&G: Are lifetime mortgages a solution for silver separators?
Divorce is becoming increasingly common in later life, and parting ways is often more complex than simply splitting assets in half. Its paramount that advisers are aware of the negative effect it can have on a couple's finances.
Royal London: Finances and finding the one later in life
We look at how a change in relationship status later in life can impact financial planning for your clients.
Defaqto: Webinar: Overview of the retirement income market
In this presentation, Paul will provide an overview of the retirement income market based on the data provided by the FCA.
Aegon: Improved lifestyle fund letters and new web hub
If you have clients invested in our lifestyle funds through Aegon Retirement Choices or One Retirement we've been making changes to the letters we send them as they approach retirement.
Prudential: Based on facts, not opinions
It's a fact! Prudentials Retirement Account has been awarded five star ratings from Defaqto for personal pension and drawdown. These five star ratings provide you and your clients with an accurate benchmark so you can see, at a glance, how financial products compare in the market - offering a balanced choice based on quality, not just price. Find out more.
Prudential: Are Doctors in the NHS pension scheme misdiagnosing their pension?
The press is having a minor epidemic of commentary about doctors retiring early to avoid Lifetime Allowance (LTA) and/or Annual Allowance (AA) charges but, the thing that concerns me about this is, are they diagnosing the problem correctly?
Legal & General - A guaranteed income with flexibility?
How can you help your clients achieve financial security while adapting to their changing needs and goals in retirement? Our latest article discusses this challenge, and how the new partial withdrawal feature on our Fixed Term Retirement Plan could help.
Legal & General - Is it time to take another look at fixed term annuities?
You and your clients may be thinking about their financial future, but they cant predict the next few years with any real certainty.
Defaqto: Lets talk PROD, sustainable investing and diversifying sources of income in retirement
Join Defaqtos Retirement income roadshow in May in Airth Castle Stirling, Tracy Park Bristol, Mere Court Knutsford, Marriott Arden Solihull, or Tankersley Manor Barnsley. Each event is accredited by the CII for up to 2 hours and 40 minutes of structured continuing professional development.
Royal London: Trevor Greetham, Tactical Change
Trevor Greetham, Head of Multi Asset at Royal London Asset Management, has made a tactical change to the asset allocation of the Governed Portfolios (GPs) and Governed Retirement Income Portfolios (GRIPs).
Legal & General: Fixed term annuities for the unforeseeable future
You cant predict the future, but you can help your clients plan for it. In the changing world of retirement, fixed term annuities can provide the right balance of security, flexibility and control for some clients. They provide a regular, guaranteed income and can be used to cover your clients essential spending, to bridge an income gap or to allow clients to keep their future options open.
Key Partnerships: The time is right for your clients
The equity release market continues to grow at a rapid rate. With new lenders entering the market with new and innovative product features, theres now even more lifetime mortgages can do to help your clients with their retirement finances.
A simpler way to do business Legal & General launch new online tracking tool to help advisers
We are excited to announce the launch of Track My Apps, a unique and simple online tool that will help you follow the progress of your new business retirement applications from start to finish, in just a few clicks.
Defaqto: May 2019 Retirement Income Roadshow dates revealed
Defaqto has announced dates for its annual Retirement Income Roadshow. This year, we will visit Stirling, Bristol, Mere, Solihull and Tankersley. The half day CPD accredited seminar will focus on financial planning challenges of generating income for clients. The five sessions will be delivered by speakers from Defaqto, Miton, Quilter Investors, Parmenion and Schroders Cazenove.
Aegon: Consolidating your clients' assets into one place
Using our Aegon Retirement choices (ARC) platform could be the right move for you and your clients.
Royal London: Steve Webb - How long does your clients money need to last?
Helping your clients manage their money in retirement would be a lot easier if we, or they, knew how long they were likely to live. In a world where buying a secure income has become less common, having a realistic picture of their life expectancy and the possible range around that average figure is even more important. And while this can sometimes be a difficult issue to raise with clients, there are some important pointers that could help them avoid some of the pitfalls when thinking about life expectancy.
Legal & General Home Finance Breakfast Roundtables - Using Property Equity for Income
Join our product specialist, Amy Mulvey and our Head of Adviser Sales, Rob Miles at one of six locations, to discuss how you can help shape your clients portfolios by utilising their property equity for income.
Key Partnership: 2018 Equity Release Market Monitor
This week Key has released its Market Monitor report for the whole of 2018 and it highlights that the equity release market continues its record-breaking growth. The number of new plans in 2018 is up 21% and overall lending has increased by 19% year on year.
Defaqto: Selecting investment strategies for income
Paul Tinkler, Insight Consultant, will give an introduction to the challenges facing advisers in managing retirement plans for clients in todays marketplace.
L&G: Is equity release good for the UK economy?
Our Silver Spenders research highlights the potential for money released from housing wealth to support economic growth in the UK. The research found that every £1 of housing wealth released generates £2.34 for the UK economy1.
Royal London: Paying lifetime and annual allowance tax charges isnt always a bad thing - Royal London
Find out how paying annual and lifetime allowance tax charges can still make your clients better off in retirement.
Clients value annuities more than you may think
We know annuities have suffered from a poor perception of value over the past few years, and yet some consumers who are familiar with annuities, consider them to be good value, when asked what theyd consider a good annual rate of return.. Our recent research of more than 2,000 over-55s showed that nearly three quarters dont like taking risks with their money, and over half said financial security was the most important thing to them at this stage in their life.
FundsNetwork: Retirement technical videos
Whether you are preparing for the CII pension exam or simply need a refresher, FundsNetwork's library of retirement technical videos can help. Topics range from defined benefit transfer issues, to tax relief and lifetime allowance considerations.
Defaqto: How to help clients choose the right income fund for retirement
The pension freedom reforms, which relaxed the compulsion on retirees to purchase an annuity when accessing their pension pots, were announced by the government in 2014 and introduced a year later.
Have you seen Prudentials Life Events hub
Recognising that its important youre there for your clients at key milestones they reach and challenges they face, check out Prudentials Life Events hub.