Solution introduction
A comprehensive digital retirement planning solution that provides tailored, tax-optimised investment recommendations across all retirement phases—accumulation, at-retirement, and decumulation
Digital Retirement is an online retirement planning and investing solution that considers an individual’s retirement income/expense needs, lifestyle and other circumstances and offers suitable product and tax optimised recommendations throughout the accumulation, at-retirement and decumulation phase
This solution can be delivered entirely digitally or, in some cases, in a semi-automated manner through human adviser interaction to deal with complex scenarios.
Digital Retirement is typically powered by a centralised investment proposition (CIP) and implemented with multiple strategies (Model Portfolios, DFMs, Multi-Asset Funds). In many cases, those investment recommendations may need to be compared with annuities and other products on offer to meet the regulatory needs regarding at-retirement and decumulation phases.
There is a significant growth in digital retirement solutions due to the growing number of savers opting to control their retirement finances flexibly by converting their pensions from DB to DC schemes. Investors are seeking greater pension transparency and better access to retirement planning advice. Our solutions allow firms to efficiently engage with customers through the accumulation, at-retirement and decumulation phases.
