Aegon Scottish Equitable is deploying the At Retirement Planner from Distribution Technology to help internal advisors and independent financial advisors (IFAs) to use stochastic analysis to guide clients on their retirement options and appropriate asset mixes for pensions decumulation.

The At Retirement Planner is the first tool of its type to combine critical yield analysis with stochastic projections and suitability scoring, claims Aegon Scottish Equitable, making it uniquely useful for advisors considering whether to recommend secured or unsecured pensions.

Commenting on the installation, Dominic Holmes, head of sales and distribution at Aegon, said: "The At Retirement market place continues to be at the forefront of our thinking and I am extremely pleased to be able to demonstrate Aegon's commitment to advisors operating in this complex marketplace with the launch of the At Retirement Planner. It will further strengthen the suite of advisory tools that we have developed in conjunction with Distribution Technology."

According to Ben Goss, CEO of Distribution Technology, the software calculation tool is easy to use for intermediaries, and ensures that the advice process is profitable for IFAs, while also ensuring that customers are receiving relevant advice and treatment, in accordance with all pertinent regulations.

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