Income Manager Tool – retirement modelling you can trust

Integrated within our platform, our Income Manager Tool helps bolster your (and your client’s) understanding of the risks and uncertainties of retirement planning.

Some things to be aware of

The information on this website is for financial professionals only

The value of investments can go up as well as down

There’s no guarantee that models or funds will meet their objectives

Investors could get back less than they pay in

Past performance is no indication of future returns

Hymans And Clubvita

Institutional quality modelling

We know there are many retirement planning tools out there. What makes ours special is the institutional quality of its modelling.

The outputs from our Income Manager Tool (IMT) are derived from data from Hymans Robertson’s Economic Scenario Service and from longevity analytics specialists Club Vita. These are the same resources used to advise DB pension schemes.

Feeling Confident (Crop 2, Train)

Access to Hymans’ Economic Scenario Service

What assumptions should you use when drawing up a financial plan? Historic norms? Rules of thumb?

Instead, why not consider using a forward-looking, research-based model run by experts for use in more progressive pensions management. Hymans’ Economic Scenario Service provides the stochastic forecasts produced in our IMT.

What’s great about this modelling is that it’s being retrospectively checked for tolerable accuracy by Hymans’ research team.

Feeling Supported (Crop 2, Lighthouse)

Map portfolios to underlying asset classes

A good picture of the future performance of markets needs to take account of what’s happening in specific portfolios.

All 200 portfolios in the Parmenion MPS range are discretely mapped back to their underlying asset classes by Hymans, not us.


Gauge life expectancy

The big unknown in retirement is how long a client will live. Our IMT accesses the Club Vita model based on three million DB pension lives.

This is superior to using ONS figures, which include everyone’s life expectancy and so under-scores more affluent advised lives. Sidestepping this potential error, the Club Vita data is also post code specific, so without intrusive medical questions, an adviser can gain a robust view of a client’s chances of living well past the norm.


Check plan viability

With a great investment model and accurate life expectancy data, all the adviser requires is an outline of portfolio size, portfolio risk level and the client’s savings and withdrawal levels to calculate the estimated chance of the financial plan succeeding.

To obtain this ‘Plan Viability’, our IMT will return this scoring attested by Hymans in seconds. This is especially useful when setting your firm’s parameters for business risk and proposition structure under PROD. Best of all, this adds massive credibility to professional advice.


Voyage into the future

As the IMT allows you to tap into an institutional model, the tool also enables you to price annuity purchase years into the future – as you’d expect if you see things from a DB scheme perspective.

Based on the client’s life expectancy and a forward-looking analysis of bond markets, this special feature supports the call for bench testing advised investment strategies against the need or desire to opt for annuity purchase in later life.