Prudential selects Distribution Technology for online retirement planning service

Source: Distribution Technology

Distribution Technology, the UK's leading provider of financial planning and sales technology today announced it is providing Prudential with an innovative consumer application to deliver retirement planning information and education online.

Prudential, one of the UK's leading Life and Pensions companies, will use Distribution Technology's consumer retirement application to facilitate (power) its newly launched free of charge online retirement planning service, which provides members of the public with access to an interactive calculator that helps them understand more fully the income they are likely to have when they retire given their current level of savings. The application provides intuitive analysis of the users retirement needs in a highly graphical way. It is available to both corporate pension scheme members as well as consumers generally.

The application is built upon Distribution Technology's Planning and Sales Platform, allowing tried and tested financial analysis with sales capability that provides comprehensive support for consumers undertaking retirement planning.

Steven Zuanella, Head of online at Prudential said: "The challenge is to ensure that the online component of the retirement planning service we are currently piloting is functional, intuitive and flexible. Distribution Technology is helping us meet these aims and build closer relationships with people saving for their retirement."

Ben Goss, CEO of Distribution Technology, added: "We are delighted to be working with Prudential, as one of the largest pension providers in the UK. Our Planning and Sales Platform will provide Prudential with the ability to build stronger relationships, and engage with their customers on-line, through an easy to use, intelligent pension application."

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