Just Group (“Just”) and Timeline have embarked on a strategic alliance, granting financial advisers access to Timeline’s cutting-edge planning tools. This collaboration is designed to showcase the value of integrating guaranteed income into retirement portfolios using Just’s Secure Lifetime Income (“SLI”) solution, a novel financial planning tool.
Within a SIPP drawdown portfolio, the incorporation of SLI aims to elevate client outcomes by ensuring a steady income stream and enhancing portfolio values for future legacy planning. Timeline’s planning software assists advisers in strategising the inclusion of SLI for their clients, offering comprehensive tools for comparison and stress testing different financial scenarios.
The partnership heralds the introduction of a unique Guaranteed Income producing asset, leading to enriched outcomes for clients, facilitated by advanced planning software.
Kavi Myladoor, Retirement Income Director at Just, remarked, “The application of Timeline software enables advisers to illustrate to their SIPP clients the efficacy of SLI in enhancing overall investment performance while reducing retirement risks. Our partnership with Timeline is a significant step towards resolving decumulation challenges within the industry.”
Ed Carey, Chief Commercial Officer at Timeline, expressed, “Aligning with Just Group demonstrates how Timeline’s planning technology is versatile and responsive to new market innovations, ensuring financial planners can effectively model diverse options for their clients. We are driven by the goal to assist millions in achieving confident retirements. It’s exhilarating to see Just Group leveraging our planning technology to showcase the merits of this innovative approach in retirement portfolios.”
Timeline recently reported a remarkable growth trajectory as it enters 2024, with its client Assets Under Management (AUM) surpassing £4 billion. This achievement represents a more than twofold increase in both the number of adviser firms they partner with and their AUM in 2023.
