Aberdeen Adviser has expanded the investment options available within its new Aberdeen SIPP.
It said the additional tools will help Financial Planners and advisers to manage liquidity, income and investment risk as retirement planning becomes more complex.
The firm said the additions aim to give Financial Planners and advisers more flexibility when structuring portfolios for clients approaching or in retirement.
All three new options are able to work alongside the range of MPS available on Wrap, including the Aberdeen MPS range.
The updated SIPP investment range introduces three new options designed to support a wider range of retirement strategies:
• Cash solutions within the SIPP through fixed term deposits and notice accounts, helping advisers manage liquidity and short-term income needs
• The Wesleyan With Profits Smoothed Fund, aims to provide steadier growth by smoothing day to day market volatility
• The Prudential Guaranteed Income Plan, offering options for guaranteed income, a maturity value or a combination of both
Verona Kenny, chief distribution officer at Aberdeen Adviser said: “We have entered a new era of complexity for retirement planning. Clients often move through several stages where their priorities change, whether that is drawing income, preserving capital or maintaining flexibility.
“That means advisers need access to a broader range of investment tools inside the pension wrapper. Being able to combine liquidity solutions, smoothed investments and guaranteed income options in one SIPP can help advisers structure portfolios around those different phases.”
She said managing sequencing risk and building sustainable income strategies are now core parts of retirement advice. Having more ways to balance income, cash reserves and long-term investments can help advisers build more resilient retirement plans.