Scottish Life, a division of Royal London Group, has announced introduction of new business illustrations for advisers, in the lead up to the implementation of the Retail Distribution Review (RDR).
Advisers can now obtain ‘RDR ready’ illustrations for the provider’s individual pensions and group pensions through Scottish Life’s online service or from the National Support Unit.
Ewan Smith, managing director of Scottish Life said: “Now we’re launching a comprehensive range of remuneration options, for adviser charging and for consultancy charging to provide further support to advisers.”
Advisers will be able to identify the remuneration options which best match with their clients’ requirements and their business models.
Smith added: “We’re continuing to work with the main industry portals to ensure that RDR ready illustrations are available in line with their plans.”