UK - Winterthur Life is promoting a sustainable income drawdown illustration tool on its secure IFA website.
The firm – the life and pensions subsidiary of Credit Suisse – is currently promoting the benefits of income drawdown as an important retirement planning tool.
Winterthur Life saw a 39% growth in income drawdown sales last year against an industry average of -8%, it claims.
The sustainable income drawdown illustration tool is now available via Winterthur Life’s dedicated website, www.simplydrawdown.co.uk.
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.