Retirement is changing. As individuals live longer and increasingly rely on Defined Contribution savings, there’s a need for personalised solutions that can meet a range of different retirement journeys. Today’s savers want both flexibility and certainty, along with support that reflects the realities of modern retirement—yet many still face challenges around understanding their options and managing risk.
As Claire Altman, Director of Individual Retirement Solutions at Standard Life, puts it, retirement is no longer a case of “putting your pen down on a Friday and picking up a watering can on the Monday.” For many, it’s a gradual transition rather than a sudden stop - making it all the more important for schemes to offer solutions that support this evolving experience.
We invited Jess Williams, Head of Corporate Investment Services at Phoenix CIS, and Claire Altman to explore how platforms can help schemes deliver effective at- and post-retirement solutions. In this video, they discuss the role of platforms in enabling access to flexible drawdown—supporting both Master Trusts and single-employer schemes—and powering innovations like Phoenix Group’s Smoothed Funds proposition to help manage volatility and provide greater confidence in retirement.