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Old Mutual Wealth unveils 'IncomeSelect'


Leading wealth management business, Old Mutual Wealth, today unveils its new retirement proposition, IncomeSelect.

IncomeSelect brings together three leading elements that are transforming retirement planning for financial advisers. These elements are; an income planning tool, the new multi-asset Generation funds from OMGI (Old Mutual Global Investors Launches Revamped Generation Portfolios) and the flexible pension product, the CRA.

Underpinning the new IncomeSelect proposition we have, with advisers, created a Retirement Advice Blueprint which provides a framework they will need to deliver robust, scalable yet tailored retirement advice to their clients in the increasingly changing world of retirement income planning.  Retirement outcomes are no longer binary and advisers are now creating unique retirement strategies to meet the bespoke needs of each of their clients. We are supporting advisers through this change in retirement advice. 

Adrian Walker, retirement planning manager, Old Mutual Wealth, comments:

"Income planning in the retirement arena has become increasingly complex as the way in which clients are viewing the whole retirement journey is changing. We understand that advisers need to demonstrate the options available to their clients clearly both initially and in a consistent way when regularly reviewing future plans.

"By bringing the entire planning journey, including tools, functionality and products, together in this way we are enabling advisers to focus on what they do best, advising their clients.

"Individually, the elements that go to make up IncomeSelect are impressive. By combining an innovative income planning tool, investment funds designed for the at-retirement market, and a pension product with the most flexible suite of income and legacy options in the market, we hope will really make a difference for financial advisers and their clients in the delivery of bespoke retirement solutions."

For more information contact

Tim Skelton-SmithOld Mutual Wealth02380 916 99807824 145

Notes to editors:

About Quilter plc:

Quilter plc is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

Quilter plc oversees £118.1 billion in customer investments (as at 30 September 2018).

It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset investment solutions and discretionary fund management.

The business is comprised of two segments: Wealth Platforms and Advice and Wealth Management.

Wealth Platforms includes the Old Mutual Wealth UK Platform; Old Mutual International, including AAM Advisory in Singapore; and the Old Mutual Wealth Heritage life assurance business.

Advice and Wealth Management encompasses the financial planning network, Intrinsic; Quilter Private Client Advisers; discretionary fund management business, Quilter Cheviot; and Quilter Investors, the Multi-asset investment solutions business.

The Quilter plc businesses are being re-branded to Quilter over a period of approximately two years:

• The Multi-asset business is now Quilter Investors

• Intrinsic to Quilter Financial Planning

• The private client advisers business is now Quilter Private Client Advisers

• The UK Platform to Quilter Wealth Solutions

• The International business to Quilter International

• The Heritage life assurance business to Quilter Life Assurance

• Quilter Cheviot will retain its name

This press release is for journalists only and should not be relied upon by financial advisers or customers.

Please remember that past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is issued by Quilter plc.  Registered office: Millennium Bridge House, 2 Lambeth Hill, London EC4V 4AJ, United Kingdom. Registered number: 6404270.  Registered in England.