Personal Touch has launched Dynamic Planner’s ‘Living in Retirement’ module.
Completing the module will allow members to work with clients approaching the ‘At Retirement’ stage. Members will learn how to navigate the pension freedoms market, explore existing pension arrangements, examine annuity options, undertake risk profiling, determine drawdown sustainability and forecast retirement income options vs life expectancy.
Personal Touch has conducted Wealth Workshops to train advisers on the new module.
Distribution Technology’s risk profiling and financial planning service Dynamic Planner has been fully integrated into the network’s back-office system since February.
The launch of the new module comes ahead of the annual Personal Touch Wealth Management Conference being held today at Hilton Birmingham Metropole (NEC).
James Smith, head of intermediary account management at Distribution Technology, is the guest speaker at the Conference and will give delegates an insight into the organisation’s plans and ideas going forward.
He said: “Since the introduction of the pension reforms, the ‘at retirement’ stage of an individual’s financial plan has become increasingly complex and is a rapidly growing part of the financial advice process.
“Having already partnered with Personal Touch to have Dynamic Planner integrated throughout the network, we are extremely pleased to now add the additional functionality of the Living in Retirement module. This is a market-leading service and one that we believe can help Personal Touch advisers to ensure the quality and suitability of their retirement income planning.”
The Conference is supported by a host of industry players including Aviva, Close Brothers, Funds Network, Intelligent Money, Invesco Perpetual, Legal & General, M&G Investments, Royal London and Schroders.
Mark Hebberd, head of wealth management at Personal Touch, added: “This year the Personal Touch wealth proposition has moved forward significantly with the arrival of Dynamic Planner. This new facility will improve the processes adopted by wealth advisers, reduce administration costs and aid productivity gains.
“As a result, this now represents a great growth opportunity for our wealth members.”
