Advisers can now demonstrate how the timing of investment returns can impact their client’s pension fund with LV=’s latest investment risk tool, part of its Retirement Hopscotch offering.
The new interactive ‘Sequence of Returns Risk’ tool is free for advisers to use, enabling them to easily compare different hypothetical investment scenarios to show clients how market fluctuation could affect their income during retirement.
The tool illustrates the effects by using figures representative of UK Equity Market movements. Advisers are able to talk through these scenarios with their clients using a series of ‘Did you know?’ facts about sequential risk which they can then take away in the form of a fact sheet.
John Perks, Managing Director, LV= Retirement Solutions said: "With a multitude of retirement income options now available it’s crucial that clients understand the potential investment risks and impact of any given strategy. LV=’s new interactive 'Sequence of Returns Risk' tool, part of our Retirement Hopscotch offering, helps advisers have a clear, straightforward conversation with clients around their risk profile and product selection."
LV= Retirement Hopscotch offers advisers a practical way of guiding their clients through the maze of retirement options they face. It outlines the areas clients should watch out for, the range of options available and the main risks to consider. The new 'Sequence of Returns Risk' tool can be used with clients coming up to retirement and as part of their review process. After exploring the risks and potential product solutions, advisers can link through to LV= Retirement Pathfinder, the free and impartial tool that helps them to model tailored retirement solutions for their clients.