Track the IFA process online

Standard Life is launching an online tool which follows the IFA process from beginning to end, taking much of the legwork out of adviser\'s investment recommendations.

The new Retirement Planner tool allows advisers to compare outcomes for different products, wrappers, ages and investment horizons, as well as allowing growth and income strategies to be compared. The life office expects advisers to be able to use the tool to show at-retirement customers when markets favour opting for annuities, compared with when third way annuity products or drawdown will be more suitable.