Our Services

Our Services

We see one of our roles as helping others to develop their business, product and services.

The first of these developments has been our partnership with Just Group, one of the United Kingdom’s leading Annuity providers. We have worked together to develop an innovative and modern guaranteed lifetime income product that optimises the rules set out in Pension Freedoms.

Additionally, we have ensured that it is ‘modern’ from a technology and servicing perspective. We have partnered with Novia Financial, a leading wealth platform, to deliver this to Financial Advisers for use with their clients.

We focussed on the Retirement Income marketplace as we felt it is certainly one of the most interesting and underserved sectors since Pension Freedoms radically changed how people can access their pension.

For many retirees the traditional annuities are no longer ‘fit for purpose’, compromised by inflexibility and an inability to evolve in response to regulatory change. As a result, they are often overlooked as components of retirement income planning, despite offering the certainty of income that many clients are looking for as their retirement journeys play out.

Secure Lifetime Income

We have worked with Just Group to develop Secure Lifetime Income (SLI) to address these shortcomings. SLI still offers an income guaranteed to be paid until death and is still underwritten to optimise the level of income achieved - but, importantly, SLI is designed to be held as an asset of a client’s existing SIPP, will provide a meaningful payout on early death and, uniquely, offers an early encashment option if a client’s circumstances change.

SLI is designed to sit alongside traditional invested assets within a SIPP wrapper providing a guaranteed income underpin whilst forming part of a portfolio that reflects a client’s individual income needs, risk appetite and capacity for loss. Just like the income generated by those more traditional assets, the income from SLI can be taken or left within the SIPP wrapper.

Adrian Boulding observes:

"Since Pension Freedoms the market has moved away from using annuities. SLI puts guaranteed income as the foundation of retirement income planning. This is very much in line with Retirees’ requirements and demands."

Got a Question?

If you would like to find out more about Secure Lifetime Income then please contact us.