LV= is launching a new retirement income microsite, www.lv.com/takeheart, to provide advisers with greater clarity as to what their clients options are post budget.
The website offers advisers guidance on what they and their clients need to consider in the short-term, with tools to help navigate the options. Through the website advisers can also ask LV= any questions they have about the changes or just general retirement planning queries.
As more details around the forthcoming legislative changes become available, the site will be regularly updated to give advisers information about what the latest announcements mean for their clients and the industry.
The microsite also provides advisers with information on how clients can use new products, such as one year fixed term annuities, and existing products, including SIPP drawdown, to achieve the income and flexibility they require.
Steve Lewis, head of distribution for retirement solutions at LV= said: “The retirement income changes announced in the budget have created a significant opportunity for advisers to add real value to their clients’ retirement plans. Since 19 March, we have received numerous calls from advisers who want a greater understanding as to what recommendations they should be making to their clients.
“We are committed to the adviser community and have created this dedicated microsite in order to help plug the information gap. We want to make it easier for advisers to quickly identify the impact the changes could have on their clients’ retirement plans. Advisers can continue to receive individual support from the team on LV=’s retirement desk helpline.”
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