Employee benefits consultant launches first employee robo-guidance

Estimates 80% will use tool for advice

Victoria McKeever
clock • 1 min read

Employee benefits consultant Portus has launched a robo-guidance service for employees by adding a video virtual assistant to its existing online self-help system 'moneygym'.

Moneygym is a workplace tool that helps users track their retirement savings, including private and state pensions as well as other investments and property.  The new virtual assistant will be available around the clock for one-to-one meetings and provide guidance on all aspects of retirement planning including tax and regulation. Moneygym works by allowing users to securely enter details about their finances without being accessible to their employer.  They can then see their predicted long-term income and explore scenarios on increasing pension contributions and the impact of dra...

To continue reading this article...

Join Professional Adviser

  • 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 Retirement

Majority believe the government does not support pre-retirees

Majority believe the government does not support pre-retirees

Only 25% of 2,000 adults think the government has done a good job

Isabel Baxter
clock 01 September 2023 • 1 min read
'Concerning' number have stopped saving for retirement

'Concerning' number have stopped saving for retirement

Britons prioritise immediate financial security instead of saving

Isabel Baxter
clock 11 July 2023 • 1 min read
Hot annuities market brings break-even point average five years closer

Hot annuities market brings break-even point average five years closer

Payback period on a benchmark £100,000 annuity today is 14.5 years

Hope William-Smith
clock 27 June 2023 • 1 min read