Alliance Trust Savings selects Dunstan Thomas Imago toolset to aid D2C retirement decision-making in response to Pension Freedoms.

14 August 2015

Dunstan Thomas, the retirement market solutions provider, announced today it has won a major contract to provide three modules of its growing Imago Self Direct toolset to support Alliance Trust Savings’ (ATS) D2C platform. The Imago Self Direct tools are integrated with the software provider’s Imago Front Office calculation engine which ATS deployed several years ago.

Dunstan Thomas Imago Self Direct toolset was rolled out at the beginning of the year to meet the needs of the growing D2C market as it prepared to assist consumers with their wider retirement choices after Freedom Day on 6th April.

ATS has now deployed Imago Self Direct Savings, a pre-retirement tool which helps users to work out how much they need to save in various retirement saving pots, in order to deliver target income levels through an estimated number of years of retirement.

ATS has deployed a second tool called Imago Self Direct Retirement which assists at-retirement decision-making including offering blending of drawdown and annuity income with Universal State Pension and other anticipated retirement income. The tool also takes account of the latest tax rules and adjusts income accordingly.

A third Imago Self Direct Investments tool performs analysis for consumers exploring the option of funding their retirement through ISA savings, taking account of current maximum annual ISA savings allowances.

Dunstan Thomas Imago Self Direct toolset is proving popular with platform providers because they can be configured to exactly reflect the charges and growth projections of specific underlying assets held. This depth of alignment ensures accuracy.

Sara Wilson, platforms director, Alliance Trust Savings, commented:

“Dunstan Thomas has been our technology partner for pension illustrations for over 10 years already.  With the arrival of Pension Freedoms, consumers are faced with new and complex retirement choices.  We found Dunstan Thomas the ideal partner to deliver tools designed to give our customers the insights they needed to help them navigate through these difficult pre- and at-retirement decisions.”

Natanje Holt, managing director, Dunstan Thomas, said: 
“It is great to be able to roll out three of our new Imago Self Direct tools to ATS on top of the Imago Front Office illustration platform that we have been providing them with for some years now.”