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Defaqto adds research facility for post retirement product guarantees

Edited by the Insidemoneytalk editorial team Jul 28, 2008

Defaqto today announces the launch of new functionality which will assist IFAs with research into post retirement products which provide an underpinning guarantee option.

The new 'Income Guarantee' and 'Capital Guarantee' data columns have initially been added to the Income Drawdown product research area within Defaqto's Aequos Online and Engage IFA research and recommendation tools.

David Abbis, Defaqto's Principal Consultant for Wealth Management, states: "The new research functionality will enable IFAs to identify, appraise and, where appropriate, recommend one of the new breed of guaranteed products aimed at the post retirement market.

This has initially been launched within our Income Drawdown research area as Defaqto believes that this is where the main market for 'third way' products will manifest itself." Defaqto is likely to roll out these new columns across other pertinent pension and investment product areas over the coming months.