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

SSAS and the general levy: A victory for common sense

SSAS and the general levy: A victory for common sense

The value of SSASs after general levy consultation outcome

Caitlin Southall
clock 26 March 2024 • 5 min read
Pension dashboard operators join forces to push project forward

Pension dashboard operators join forces to push project forward

Coalition aims to bring 'dashboards to consumers as early as possible'

Jasmine Urquhart
clock 25 March 2024 • 2 min read
Conservative manifesto to include state pension triple lock pledge

Conservative manifesto to include state pension triple lock pledge

Tories will keep triple lock in place if party stays in government

Jenna Brown
clock 25 March 2024 • 1 min read