UK retirement savings providers help investors make better ‘pensions freedom’ drawdown decisions with CTC Software and A2Risk
A tried and tested product for decumulation, easy integration and cost effectiveness led CTC Software to select A2Risk’s ATRQ System for investor attitude to risk.
“A2Risk and CTC have strong intellectual property. Together, we complement each other and that’s a great message for clients who want to get moving quickly on decumulation,” says Philip Hodges, Commercial Director, CTC Software.
CTC Retirement Hub: Pensions drawdown advice
Investment firms and insurers implementing the new retirement drawdown options from UK ‘pensions freedom’ reforms can now source a complete toolset for decumulation after CTC Software chose to partner with A2Risk.
London-based CTC has been serving the pensions and investment industry since 1990. In response to recent reforms, the company has developed a complete Retirement Hub solution that retirement savers can use to make informed decisions about drawdown.
“In past, we had always been ‘ATR-agnostic’, we always had the framework to support ATR but let the customer provide their own set of questions,” Hodges says.
“Our clients wanted us to provide a complete offering, they didn’t want to have to fill in the gaps.”
“There were several reasons we chose A2Risk, but foremost was that they already had a product specifically for decumulation. A2Risk were also willing to adapt their solution to fit Retirement Hub and their pricing wouldn’t make our solution unaffordable” he says.