As part of the licensing agreement, National Life will also be purchasing Impact’s web-based financial sales and collaboration platform PlanLab, which automates the financial sales process across an enterprise.
Impact says it introduced Retirement Road Map to offer financial advisors a comprehensive planning application that focuses specifically on retirement distribution preparation. It includes a detailed marketing program for advisors to create custom retirement distribution plans by analyzing an individual’s needs, income and assets and assisting advisors in determining appropriate policies, annuitie and other planning options.
Ron Merolli, director of advanced sales at National Life, said, As we prepare to address the financial planning needs of the millions of baby boomers who will be retiring over the next few years, we had to find a product that specifically addressed that market. Retirement Road Map from Impact is tailored specifically for boomers. By licensing this application, we are confident our field force is prepared to meet our clients’ comprehensive retirement planning needs.
Impact says Retirement Road Map is integrated with its web-based financial sale and collaboration platform which automates the sales process from initial fact finding to financial plan generation, enabling financial advisors to work more efficiently with clients and close more sales.
