Aberdeen Asset Management is to make an actuarial pensions forecasting tool available online to individual investors after a deal with Hymans Robertson.
It is the first time that the GO (Guided Outcomes) digital forecasting application, created by Hymans, is being made available to UK investors outside of Hyman’s client base of workplace defined contribution pension schemes.
The system helps individuals set a retirement income target and track their success in meeting it.
In the past year GO has been used to analyse the savings plans of 400,000 individuals, bringing over £2 billion (€2.7 billion) of assets under advice.
Ronnie Bowie, senior partner at Hymans Robertson, says Aberdeen and Hymans have a shared ambition to provide digital services to savers giving them better financial outcomes in the face of complexity.
Aberdeen Asset Management manages assets of £330 billion on behalf of institutional and private investors, as at March 31, 2015.
©2015 funds europe
