Personal Pension  

Intrinsic updates at-retirement panel

Intrinsic updates at-retirement panel

Intrinsic, part of Old Mutual Wealth, has updated its panel of retirement income solutions for restricted advisers.

The LV Flexible Transitions account has been added to the panel of personal pension and flexi-access drawdown providers.

The LV Retirement Account, which combines flexi-access drawdown with the option to secure a guaranteed income, has also been included on the panel for blended retirement income solution, according to Intrinsic.

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Personal pension and flexi-access drawdown solutions will continue to be provided through the Old Mutual Wealth and Aegon platforms.

LV will introduce a dedicated microsite for Intrinsic advisers, where they can access product information and additional tools.

The panel review was done with due diligence and consultation with Intrinsic’s adviser peer group and Defaqto, according to Intrinsic.

Richard Bartlett, head of at retirement at Intrinsic, said: “The new at-retirement panel brings together a wide-range of compelling income solutions to create an extremely attractive retirement planning proposition for advised clients.

“Adding the LV blended retirement income solution gives clients access to an innovative new product, complementing the already exceptional retirement income solutions on the panel.”

Adviser View

Graeme Inglis, founder and director of Scotland-based Create and Prosper Financial Services, said: “It reflects the need to just be aware of change in the market place. Pension companies are adapting services to reflect the ever-changing environment.”