A financial services company has formed a new advisory service to help retirees avoid running out of money.
Nationwide Financial Services Inc., Columbus, Ohio, has established the Nationwide Income Planning Desk.
Financial professionals at the desk will help investment professionals design cases and customize illustrations.
In some cases, the desk staffers can serve as a consultant for investment professionals during client meetings, Nationwide says.
Nationwide has been testing the service through a pilot program since 2006.