• 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.
For further insight and expert guidance, please visit Scottish Widows Change Hub.