Prudential - Retirement planning: can smoothed funds offer a PROD in the right direction?Through different stages of retirement planning advisers will need to consider different solutions for their clients. The fundamental difference between accumulation and decumulation strategies means that advisers need to construct a robust centralised retirement proposition in addition to a centralised investment proposition.
To help advisers and paraplanners to consider some of the typical stages of retirement, Pru has developed a useful guide entitled . Using a case study approach, the purpose of the guide is neither to provide a definitive, all-encompassing guide to retirement solutions nor to make specific recommendations. Instead, it looks to suggest scenarios where the PruFund range may form part of an adviser’s centralised retirement proposition, and what type of clients it may be appropriate for with consideration to PROD rules and suitability processes.