Bringing you live news and features since 2006 

Apollo rocket launch

SunGard launches tool to help financial advisors optimise Social Security benefits for clients

RELATED TOPICS​

SunGard has launched a new social security optimisation tool that helps financial advisors guide their clients on the ideal time to file for Social Security benefits.

SunGard’s WealthStation Social Security Optimiser calculates estimated Social Security benefits, analyses all possible ages to start receiving benefits, and identifies the optimal benefit under a variety of conditions and scenarios.
 
SunGard’s WealthStation Social Security Optimiser integrates with other WealthStation modules that analyse Social Security and other retirement income concerns, helping the advisor to use the optimised Social Security benefit as an integral part of a retirement plan tailored to the individual client.
 
“Retirees can make a variety of costly mistakes when it comes to optimising their retirement readiness, such as drawing from Social Security too early. Many advisors lack the proper tools to guide their clients on utilising Social Security benefits, or discuss Social Security issues as part of their overall retirement strategy,” says Sophie Louvel Schmitt, senior analyst for Aite Group’s Wealth Management practice. “Optimisation tools will become instrumental in educating clients on the importance of following a well-planned and personalised strategy.”
 
Scott Parry, EVP & general manager – advisory and investment services, SunGard’s wealth & retirement, says: “Social Security is just one aspect of a complete retirement plan. This is why it’s important that tools for analysing Social Security decisions are integrated into the overall retirement planning process that also includes 401(k) and pension plans as well as other retirement accounts and assets. WealthStation Social Security Optimizer helps advisors provide real value on how to optimise the use of Social Security in a client’s overall retirement plan.”

Latest News

Raymond James Investment Management plans to launch an ETF product platform in 2025 to support strong client demand in alignment..
Aniket Ullal, Director of ETF Data and Research at CFRA Research, has written a note looking at ETFs with exposure..
Tradeweb reports the following data derived from trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms...
iShares writes that its assets under management have reached USD4 trillion. The firm says this comes off the back of..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by