Just Group, the retirement specialist, has announced the launch of its new Fixed Term Investment (FTI), a structured pension investment that provides guaranteed income and/or growth over a selected term. The innovative solution will soon be available on the Fundment adviser platform, which is the first to offer it.
FTI is designed to help advisers create more tailored and diversified pension portfolios for clients by offering a layer of certainty. The product shields clients from market volatility while enhancing tax efficiency and simplifying administration. FTI can be held within a client’s personal pension alongside other assets and offers the option of a pre-defined capital return at maturity. All benefits are paid into the pension’s cash account, aiding tax planning and reinvestment. A key feature is that the product is protected 100% by the Financial Services Compensation Scheme (FSCS).
Sean Osborne, Director of Retail Distribution at Just Group, commented, “Advisers are increasingly moving away from single-strategy approaches to retirement and towards hybrid solutions. FTI offers a new way to provide certainty within wider portfolio planning.”
He added that Fundment’s commitment to providing access to innovative solutions made it the ideal partner, as it will also be offering Just Group’s Secure Lifetime Income (SLI) solution.
Ola Abdul, Founder and CEO of Fundment, said the partnership aligns with the platform’s goal of becoming a leading all-in-one tech platform for advisers by providing access to innovative retirement solutions.
Just Group believes that FTI, alongside SLI, fills a gap in the market for guaranteed solutions that can be integrated with other personal pension assets to help manage overall risk and sustainability for clients.
