Wealth Wizards adds retirement planning to its suite

By Oliver Smith on 24th October 2019


For consumers and white-labelled for wealth managers.

Wealth Wizards adds retirement planning to its suite
Image source: Andrew Firth, Wealth Wizards CEO.

Weathtech provider Wealth Wizards is adding retirement planning to the services it offers for both consumers using its MyEva regulated digital independent financial adviser (IFA), and its B2B wealth manager customers.

In line with Wealth Wizards’ mission to blend automated and human advice, retirement planning comes in the form of a calculator that takes into account lifestyle choices (spending on holidays, clothing, etc) with how much income they might need to retire.

The tool has also been created in line with the Pensions and Lifetime Savings Association (PLSA) to help model “minimum”, “moderate” and “comfortable” retirements and what they’ll need to save in order to achieve those.

 “The PLSA’s work resonated deeply with Wealth Wizards’ mission to make financial advice affordable and accessible. It was an honour to work closely with them to come up with our new tool,” said Martin Harris, Wealth Wizards’ head of advice.

“Our adviser platform, Turo, and our digital financial adviser, MyEva, both originate from a desire to give more people access to guidance and advice. The addition of our new retirement tool based on the PLSA’s research should make planning with them even easier.”

Employers such as Unilever, Calvin Klein and the NHS have incorporated MyEva into their employee offerings, while retirement providers and wealth managers like LV= have white-labelled Wealth Wizards’ offerings and incorporated them.

Read more: Digital pension adviser Wealth Wizards launches AI capability for robo advice

AltFi Toronto Summit 2019

AltFi is coming back to Toronto following on from a highly successful event last year. We'll again be bringing a high profile international showcase of speakers from the leading fintech and alternative finance leaders.

11th December 2019

Companies in this Article:

Wealth Wizards

More like this:

MoneyBox Review - September 2019

2nd September 2019
Daniel Lanyon

The Challenger: WealthSimple’s Toby Triebel

16th October 2019
Oliver Smith