The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Scottish Widows
Edinburgh-based Scottish Widows, a life insurance and pensions firm, has just launched a new income protection (IP) product through Iress’s The Exchange, a quote and apply platform for intermediaries. 

The new IP product is in addition to Scottish Widows’ existing term, multi-benefit and mortgage protection products on The Exchange.

“As long-standing partners of Scottish Widows, we’re delighted to support its launch into the income protection space through our extensive distribution network on The Exchange. It also supports our commitment to offering the broadest range of products to brokers and advisors,” Iress’s global head of product for sourcing, Jacqui Durbin, said.

“Our goal is to help people to be better prepared financially if they were not able to work. Our new IP product is the next step on our mission to help people build their financial resilience and make it easier for advisors to serve more of their customers’ needs with a streamlined process and slicker experience through tech partners like Iress,” Scottish Widows’ protection director, Rose St Louis, added.

Iress is a tech firm providing software to the financial services industry. It provides software and services for trading and market data, financial advice, investment management, superannuation, life and pensions, and data intelligence in Asia-Pacific, North America, Africa, the UK and Europe.