EValue launches investment pathway solutions
EValue has launched a range of investment pathway solutions ahead of the implementation deadline next February.
Mandated by the Financial Conduct Authority (FCA), investment pathways are designed to offer default at-retirement products depending on savers' own perceived needs.
EValue's offering includes an off-the-shelf option, described as a "white label investment pathways choice architecture communication tool", and a DIY route, with "plug-and-play APIs, widgets, and components for bespoke investment pathways journey or design".
There is also an "appropriateness report" to provide evidence designed to ratify the choice of defaults to satisfy an independent governance committee (IGC) or governance advisory arrangement (GAA); and optimised retirement funds to deliver strategic asset allocation for decumulation.
The solutions are designed to support drawdown providers, as well as the IGCs and GAAs they will need to form.
EValue product director Tim Jablonski said: "The implementation deadline may have been pushed back to 1 February 2021, but there's absolutely no time to waste for devising and implementing robust investment pathways solutions.
"We've seen that providers are at very different stages on that journey, so we've made sure we can provide the right level of versatile support to help them - and the IGCs and GAAs they'll need to appoint - to fully comply with their new [regulatory] roles and responsibilities."
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