• improve your client outcomes.
In a market where you need to keep up to date with changing regulations (adding costs to your business), profitability and efficiency become increasingly important. If your drawdown business relies on a percentage charge of assets, you’ll have increased work while making drawdown reviews on a dwindling income stream.
A more efficient approach
A sound CRP will help you manage your existing clients and make advising new ones easier and more efficient. Having access to a range of investment solutions, specifically designed for drawdown clients, could help improve business efficiency and risk management.
Further reading
For further insight and expert guidance, please visit Scottish Widows Change Hub.