Publication

Digital Wealth Download - Summer 2023

calendar icon 14 August 2023
time icon 3 min

Author

Paul Waters

Paul Waters

Partner & Head of DC Markets

Welcome to the summer edition of Digital Wealth Download - our quarterly digital wealth and products newsletter.

The Chancellor’s Mansion House speech focused heavily on DC pensions and the opportunities to deliver better member outcomes.  As do we, through our risk-sharing report on decumulation solutions (where we explore CDC and it’s alternatives), optimisation of a retirement strategy across multiple products (the holy grail for supporting non-advised customers), and looking back at the progress of investment pathways.  We round things off with the fascinating subject of AI ethics and regulation in the latest Fintech Feed podcast.

Risk sharing: an age-old solution to an old age problem

The pensions industry needs to do more to support good retirement outcomes for DC savers. Millions of people in the UK are heading towards retirement that are worse than their parent's generation.

Read our paper below, where we discuss risk sharing in retirement and the various options that might be available alongside CDC.

READ MORE

Multi-product optimisation technology showcase

The defined contribution pensions generation coming to retire face a challenge. With a lack of affordable financial advice and a complex set of decisions looming they often cannot find the support needed without turning to an independent financial advisor.

We use our GO APIs to optimise across a series of products to meet an individual's retirement preferences and create a personalised plan. Watch our showcase video below.

WATCH VIDEO

Reflecting on investment pathways: 12 months on

In our blog last year, we reflected on the first 18 months of Investment Pathways for drawdown and the areas where things could change to improve outcomes for non-advised consumers further.

12 months on, we share our insights from interactions with providers and an update from the FCA.

READ MORE

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