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Intrinsic launches updated at-retirement solutions

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Intrinsic, part of Old Mutual Wealth, has announced an updated panel of retirement income solutions for restricted advisers.

The panel brings together a range of innovative retirement income products and reflects increased choice in retirement planning options available to clients following the introduction of pension freedom reforms.  

Personal pension and flexi-access drawdown solutions will continue to be provided through the Old Mutual Wealth and Aegon platforms. The LV= Flexible Transitions account has been added to the panel of personal pension and flexi-access drawdown providers.

The LV= Retirement Account has also been included on the panel, adding a blended retirement income solution. It combines flexi-access drawdown with the option to secure a guaranteed income. 
LV= will introduce a dedicated microsite for Intrinsic advisers, where they can access product information and additional tools.

The at-retirement panel review conducted by Intrinsic involved extensive due diligence and consultation with both the Intrinsic adviser peer group and Defaqto.

Intrinsic head of at retirement, Richard Bartlett (pictured), says:  “The new at-retirement panel brings together a wide-range of compelling income solutions to create an extremely attractive retirement planning proposition for advised clients.

“Adding the LV= blended retirement income solution gives clients access to an innovative new product, complementing the already exceptional retirement income solutions on the panel.”

Steve Lewis, head of distribution at LV= says: “We are excited to be appointed to Intrinsic’s at-retirement panel and expand our partnership with one of the UK’s largest financial advice networks. LV= has been at the forefront of innovation in the retirement income market and this is another endorsement for the strength of our proposition.”

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