Prudential launches retirement modelling tool

Helen Morrissey
clock

Prudential has launched an online modelling tool aimed at giving customers more clarity on their retirement planning.

The Prudential Retirement Modeller utilises an integrated mortality measure allowing UK advisers to map client retirement journeys using metrics such as their age and where they live. Based on client circumstances and lifestyle the tool can help advisers answer questions such as how long a client's income should last and how this compares to their survival probability. In addition it can also help answer questions such as how much income they can expect to receive from their savings, what growth rate they need to meet retirement plans and how much they need to accumulate to have their...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Pensions campaigner and former WPC chair Frank Field dies aged 81

Pensions campaigner and former WPC chair Frank Field dies aged 81

Field was a former Work and Pensions Committee chair and a welfare champion

Professional Pensions
clock 24 April 2024 • 5 min read
Crucial advice issue: Death benefits detail advisers need to know

Crucial advice issue: Death benefits detail advisers need to know

Important differences from previous regime

Andrew Tully
clock 05 April 2024 • 4 min read
British Steel a stark reminder of obligations around client files

British Steel a stark reminder of obligations around client files

Lawyer Philippa Hann reflects on her work around the pensions case

Hope Coumbe
clock 27 March 2024 • 2 min read