Aberdeen Asset Management has joined forces with Hymans Robertson, a pensions, benefits and risk consultancy firm, to provide its online technology, GO, as part of a new initiative to help individuals meet their savings goals.
GO has analysed the savings plans of 400,000 individuals, bringing over £2bn (€2.7bn) of assets under advice in 2014.
Aberdeen’s online service will be made available to a wide range of retail UK investors.
John Brett, global head of Distribution at Aberdeen Asset Management, commented : “This ground-breaking strategic partnership combines the actuarial expertise of one of the leading pension consultants with one of the leading investment management brands in the UK.”
Ronnie Bowie, senior partner at Hymans Robertson, said: “We have a strong track record serving the workplace savings market, where our GO technology is being used by many employers to help employees make proper provision for retirement.
“It is an exciting development for the firm to be diversifying into new areas, using our technology solutions to help investors outside of the workplace for the first time.”