AXA Wealth: Full pension suite will be "reform-ready"
AXA Wealth has said its full suite of pension products will be "reform-ready" in time for April.
The firm said there will be a new range of tools as the retirement revolution rule changes take effect.
Tax optimiser tools will aid in demonstrating the most tax efficient ways to invest for the future and withdraw money as and when customers need to.
A fresh adviser toolkit will help show how much money people will need to cover the essentials, such as housing or food costs, and how much they want on top of that to cover the nice-to-have things such as holidays or a new car.
{desktop}{/desktop}{mobile}{/mobile}
The company, an IFP corporate member, said wrap based solutions, standalone pensions and family/group Sipp,will all be ready for the increased pension flexibility and freedoms.
David Thompson, managing director of business development and proposition at AXA Wealth, said: "Advisers are dealing with enough changes ahead of April, without a whole raft of new products. Our range of pension products is established in the market and will be ready from day one.
"In the new retirement world customers will be looking for competitive and flexible solutions to provide a secure and lasting income in retirement. Many providers are now investigating options for post-annuity breeds of income guarantees, this is an area the AXA Group already has expertise in and believes will play a much larger part in an holistic retirement solution post-April."
AXA Wealth said its reform-ready retirement proposition includes: a retirement wealth account, personal pension, elevate pension investment account and the company's group Sipp family suntrust.