Saga Investment Service (SIS) customers will be able to monitor their projected retirement income using Distribution Technology's (DT) newly launched Look Ahead tool which takes expected outgoings and the value of pension and investments into account.
The tool utilises the technology provider's risk profile asset allocation models to give SIS customers, all over 50 years of age, a greater understanding of their financial future and the likelihood of meeting their financial goals in retirement. Saga joined forces with Tilney Bestinvest in November last year to launch a financial planning service for over-50s. SIS head of consumer affairs Gareth Shaw said the 50/50 venture utilised Saga's customer base and Tilney Bestinvest's portfolio platforms to provide a "DIY investment platform". He said: "The back-end advisory elements are ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
