Just Group’s corporate solutions and advice business unit Hub Financial Solutions has launched an automated retirement advice service.
Dubbed Destination Retirement, the new offering looks to bridge the advice gap for people with modest pensions and investments by offering them regulated financial advice.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
This new service is available to employers, pension scheme trustees and corporate partners who are seeking to provide the benefits of regulated advice to their members as part of their benefits offering.
The company noted that Destination Retirement is a consumer-led service rather than product-led. It will provide the customers with the optimum solution for their requirements based on repeated cash flow calculations across a spectrum of asset strategies.
The service said to utilise a combination of products, including pension drawdown, Isas, guaranteed income for life solutions and general investment accounts.
HUB Group chief executive David Cooper said: “Destination Retirement is a game-changing automated advice service which has been specifically created to help engage, educate and deliver bespoke solutions and ongoing advice at modest cost to customers who otherwise would not seek professional help.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData“The customer tells us what they want to achieve in their life after work and when they want to do it and we identify the best financial plan to make that happen for them, using a combination of products such as pension drawdown, ISAs, guaranteed income for life solutions and general investment accounts.”
Hub said that US-based asset manager Mercer has selected the new service to offer automated advice to its UK corporate clients.
In November last year, Singapore-based wealth management platform StashAway expanded its presence to the UAE by launching services in the Dubai International Financial Centre (DIFC).
