Old Mutual Wealth has unveiled details of its new retirement proposition, which Adrian Walker said will help advisers do their jobs.
The retirement planning manager at OMW said IncomeSelect would help advisers creating unique retirement strategies to meet the bespoke needs of each of their clients.
IncomeSelect brings together an income planning tool, the new multi-asset Generation funds from Old Mutual Global Investors and the flexible pension product, the CRA.
Mr Walker said: “Income planning in the retirement arena has become increasingly complex as the way in which clients are viewing the whole retirement journey is changing.
“We understand that advisers need to demonstrate the options available to their clients clearly both initially and in a consistent way when regularly reviewing future plans.
“By bringing the entire planning journey, including tools, functionality and products, together in this way we are enabling advisers to focus on what they do best – advising their clients.”
William Hunter, director of Edinburgh-based Hunter Wealth Management, said: “In an ever-changing world any additional tools we can use are going to enhance our clients experience, but just because you use a provider’s tools does not mean you are going to buy their products.”