When is guidance advice? Now what is advice? Don't walk down that road is that
advice or guidance? Take a tax-free lump
sum on an annuity is that advice or
guidance? BlueSky believes that offering
members a range of predefined retirement
models via an online tool provides
members with a high level of guidance at
no cost.
It must be remembered that around 95% of
accumulating members choose a
predetermined default. In retirement most
members require an effectively managed
competitively-priced drawdown product
that provides enough guidance to make
confident decisions. BlueSky's Crystal has retirement
options tailored to the majority of members
needs and provides comfort to existing
trustees that the product is governed to
exceptional standards.
