Smart Hackathon 2022 - the people’s choice
Building retirement solutions to positively impact people’s financial wellbeing and future
Panel: Why supporting individuals through retirement could be more important than helping them save
25/10/2022
We’re looking forward to the P&I World Pension Summit taking place in The Hague, Netherlands between 2-4 November. Anish Rav, our Director of Retirement, will be joining an expert panel discussing the changing landscape of retirement income around the world.
As Defined Contribution (DC) becomes the most common form of pension provision globally, we will look at why the lead-up to taking benefits and beyond is arguably more important than accumulation, and the role that technology has to play.
Anish Rav commented:
"Too often the pension industry has focused on the accumulation phase at the expense of those at the other end of the journey. The decisions that an individual makes from the point of taking benefits onwards will have a profound impact on their standard of living in retirement, as well as on their dependents. Not only that, the vast array of retirement options now available mean that the need for tools, modellers and guidance, along with efficient systems to take benefits, is greater than ever."
Anish continues:
"Yet the support provided here has too often been manual, disjointed or non-existent. Where support is given, it has often been poorly-designed, not taking into account the specific needs of savers in retirement nor the wider context of other wealth, health and well-being. Advances in technology mean that now is the time to change this and create solutions tailored for this phase of the retirement journey."
Keystone by Smart’s global platform specifically meets these challenges from both the member and provider's perspective.
If you’re attending the P&I World Pension Summit and want to find out more, come along to the session for what promises to be a fascinating debate. Anish and the Smart Team will be there on all three days, so feel free to reach out for an informal chat or using the link below.
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News articles
We’re looking forward to the P&I World Pension Summit taking place in The Hague, Netherlands between 2-4 November. Anish Rav, our Director of Retirement, will be joining an expert panel discussing the changing landscape of retirement income around the world.
As Defined Contribution (DC) becomes the most common form of pension provision globally, we will look at why the lead-up to taking benefits and beyond is arguably more important than accumulation, and the role that technology has to play.
Anish Rav commented:
"Too often the pension industry has focused on the accumulation phase at the expense of those at the other end of the journey. The decisions that an individual makes from the point of taking benefits onwards will have a profound impact on their standard of living in retirement, as well as on their dependents. Not only that, the vast array of retirement options now available mean that the need for tools, modellers and guidance, along with efficient systems to take benefits, is greater than ever."
Anish continues:
"Yet the support provided here has too often been manual, disjointed or non-existent. Where support is given, it has often been poorly-designed, not taking into account the specific needs of savers in retirement nor the wider context of other wealth, health and well-being. Advances in technology mean that now is the time to change this and create solutions tailored for this phase of the retirement journey."
Keystone by Smart’s global platform specifically meets these challenges from both the member and provider's perspective.
If you’re attending the P&I World Pension Summit and want to find out more, come along to the session for what promises to be a fascinating debate. Anish and the Smart Team will be there on all three days, so feel free to reach out for an informal chat or using the link below.
Smart is a global savings and investments technology platform provider. Its mission is to transform retirement, savings and financial wellbeing, across all generations, around the world.
Smart launched in 2015, its technology platform – Keystone – serves the needs of retirement savers globally. Keystone is specifically designed to help governments and financial institutions (including insurers, asset managers, banks and financial advisers) deliver retirement savings and income solutions that are digital, bespoke and cost-efficient. In addition to the UK, Smart is operating in the US, Europe, Middle East and Asia, with more than a million savers entrusting over £15 billion in assets on its Keystone platform.
Aquiline, Barclays, Chrysalis Investments, DWS Group, Fidelity International Strategic Ventures, J.P. Morgan, Legal & General, MUFG and Natixis Investment Managers are all investors in Smart.
Email: pressoffice@smart.co