Just Group (“Just”) and Timeline have unveiled a groundbreaking partnership, enabling financial advisers to utilise Timeline’s state-of-the-art planning technology. This collaboration focuses on demonstrating the advantages of incorporating guaranteed income into clients’ retirement portfolios through Just’s Secure Lifetime Income (“SLI”) solution, an innovative approach in financial planning.
SLI, when integrated into a SIPP drawdown portfolio, has the potential to bolster client outcomes by offering sustainable income and increasing portfolio values for legacy planning. Timeline’s planning software empowers advisers to include SLI in their client strategies, allowing them to assess and compare various options through sophisticated modelling and stress tests.
This partnership introduces a novel Guaranteed Income producing asset, enhancing client outcomes with the aid of advanced planning software.
Kavi Myladoor, Retirement Income Director at Just, stated, “By employing Timeline software, advisers can show their SIPP clients how SLI can contribute to an overall enhanced investment performance while mitigating retirement risks. We are thrilled to have partnered with Timeline to collectively address the industry’s decumulation challenges.”
Ed Carey, Chief Commercial Officer at Timeline, commented, “Our partnership with Just Group exemplifies how Timeline’s planning technology can adapt to market innovations, ensuring financial planners have the tools to explore a spectrum of options for their clients. We are committed to helping millions retire confidently and are excited that Just Group is utilising our technology to highlight the benefits of this innovative retirement portfolio option.”
Timeline recently announced a significant growth heading into 2024, with client Assets Under Management (AUM) reaching an impressive £4 billion. This marks a substantial increase, more than doubling its adviser firm collaborations and AUM in 2023.
