National Mutual has launched a campaign to help IFAs remain compliant with PIA regulatory update 55 on drawdown which was issued last August.
The campaign co-incides with changes the life office has made to its own drawdown contract.
It now offers a self invested personal pension option supported by its own in-house administration team. It is also able to produce illustrations for drawdown below the age of 50.
National Mutual pensions development manager Richard Taylor says: "Offering a SIPP option under drawdown is nothing new. But the fact that we have invested around £1m in a new administration system and can support the SIPP option with an in-house team is something which not many of our competitors can match."