Financial planning solutions provider EV has unveiled a number of digital toolkits to improve employees’ understanding of their retirement outcomes.
The firm's toolkits, known as Quick Tools, are designed to help savers develop a greater understanding of their financial circumstances and the potential impact their decisions could have on their retirement. The toolkits combine questions posed to the savers concerning their desired retirement lifestyle and their current financial decisions, along with data from the Pensions and Lifetime Savings Association's (PLSA) Retirement Living Standards, to provide savers with a calculation of their financial future and the required finances needed to achieve their desired retirement outcome. ...
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