Retirement Options
Caroline_Singleton
Member
Hi all!
I am reviewing our Drawdown/Retirement Process and am looking for resources to explain the options open to clients. Ideally a booklet/link/video that can be provided to clients as an 'education' piece at the start of the advice process. I have done some research myself, but am interested to see what others are doing and what works well in practice.
Do you find a particular resource good?
Do you use an external, independent source for this (e.g. MAS)?
Have you formulated a bespoke document?
Do you ask clients to sign to confirm that they have received, read and understood the material provided?
Thanks in advance,
Caroline
Comments
A good starting point if you have access to them is the 'Retirement Options' type guides put together by the likes of Threesixty, Bankhall, SimplyBiz etc. Obviously, can't share copies on here because of intellectual property, but I've attached a couple of generic type ones from providers that work along the same lines. To be honest, if you've got the time, it would be pretty easy to come up with one yourself, but like everything it's finding the time!! ;-)
Cheers Jonny- I've used the SimplyBiz guide in the previous companies I've worked for, so am familiar with that. Thanks for the HL and CL ones.
The Quietroom video is good, but it really does depend what level they are at. It's quite a basic overview, but useful all the same. That said, I wasn't sure about the change in tone when it got to the financial adviser bit!
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Thanks for the message Gareth- I'll definitely look into that :-)
Great! Will do. They did pop into my mind as an option when I first starting thinking about this, so I'll look into this further