Rowanmoor Pensions unveils scheme illustration service

Rowanmoor Pensions has rolled out a pension scheme illustration service to allow advisers to offer clients a projection of their income from a scheme pension compared to USP and ASP.

Designed for anyone wanting to set up a Rowanmoor Pensions SIPP or Family Pension Trust, the service has been launched in response to increased demand for scheme pensions in recent months, says the firm.

David Seaton, joint managing director, Rowanmoor Pensions, says the boost in pensioner interest in scheme pensions is linked to the potential for taking higher levels of income and the fact it can be paid with a guaranteed period of up to ten years.

"It is essential pensioners are made aware of all the alternatives available when taking income from their pension fund," he says.