Timelineapp partners with Sanlam to join their series of Adviser Insight events

Timelineapp recently partnered with Sanlam to join their series of Adviser Insight events. “Decumulation - Developing your Centralised Retirement Proposition!” Each session focused on how different withdrawal and investment strategies compare for clients in decumulation. The aim was to guide and educate advisers/planners around the need for change, and what that means especially in the decumulation space.

Decumulation in retirement planning has become one of the biggest challenges both clients, and financial advisers face today. The FCA is now turning its attention to the wider area of retirement income advice, signalled in the recent ‘Dear CEO’ letter. The FCA stated its intention to undertake a thematic review of initial and ongoing advice to consumers taking income in retirement.

The concern was raised after some reflection on the way the market has evolved post pension freedoms and the desire to ensure the right outcomes for customers.

Advisers now face an increasing focus on the decumulation phase of a client’s retirement journey. So, they now have to rely on more than just straight line projections and work closely with clients to consider their day-to-day decisions, and how to model these to demonstrate the impact they may have.

Our founder, Abraham Okusanya, considered the facts of retirement and explored the issues, to help advisers draw on a wealth of historical data to assist their clients in the retirement income market. Our scientific approach means all advisers and their clients can benefit from Timelineapp’s core capabilities, including:

Data-driven retirement visualisations: Timelineapp helps drive customer engagement

  • Through a range of features that help customers visualise key retirement risks, assess the sustainability of income and make informed decisions

Livetrack: Our cutting-edge retirement co-pilot helps clients visualise how their retirement journey evolves.

  • By tracking real-time portfolio balance, withdrawals and asset allocation it provides ongoing monitoring and actionable alerts throughout the customer’s retirement journey.

Oversight: Gain deep insight to understand customer behaviour and engagement

  • To improve outcomes and MI that allows your business to focus on future proposition changes.

Customer Dashboard with held-away assets: Want to go a step further than the competition?

  • Why not enable your customers to aggregate all of their assets, including bank accounts, investments and retirement accounts with third-party providers to help them build a full picture of their retirement.

When faced with change, the key is to understand how we adopt such learnings and apply them to the real-world retirement planning frameworks.

For further information about how to apply the above and the optical illusion that is bucketing please contact us.

Abraham is the Founder and CEO of Timelineapp. He has authored the Beyond the 4% rule book, written several industry papers and delivered many talks. He holds a master’s degree from Coventry University and an alphabet soup of designations, including the Investment Management Certificate, Chartered Financial Planner and Chartered Wealth Manager.

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