Wealth Wizards provides monetary wellbeing software program



Fintech agency Wealth Wizards has launched monetary wellbeing software program to assist monetary advisers enhance their retirement prospects.

The Turo Wellbeing software program guides customers by way of wellbeing questions, content material and provides a private advice on an automatic foundation.

The questions cowl 9 totally different areas of wellbeing to personalise the journey. The software program encourages purchasers to ‘play’ with the assets and take motion to enhance their monetary wellbeing.

Mark Kiddell, chief business officer at Wealth Wizards, mentioned: “Having management over our funds and a transparent plan to realize our monetary targets is crucial for monetary wellbeing and has a direct correlation with our psychological and bodily wellbeing.

“We all know from expertise that buyers need simply accessible monetary assist and assist, whether or not that’s guided outcomes, digital recommendation with some human oversight, or absolutely fledged regulated recommendation. One of many helpful advantages of Turo Wellbeing is that it could supply each steering and entry to recommendation – by way of consumer-led and human-assisted (hybrid) experiences – relying on the patron’s wants.

“At a time of monetary and financial turbulence, we’re aiming to assist as many individuals as doable handle their cash extra successfully for themselves and their households throughout the present value of dwelling disaster and past.”

Mother or father firm Royal London is utilizing the wellbeing software program to create a collection of personalised 'journeys' for patrons to enhance their monetary wellbeing and retirement prospects, by way of a guidance-only pathway.

Royal London acquired Wealth Wizards in March 2021.

Wealth Wizards’ proposition can automate key elements of the recommendation course of and supply purchasers a digital interface.

The Leamington Spa-based agency was established in 2009 with the purpose of constructing monetary recommendation accessible to all. It launched a regulated digital unbiased monetary adviser, obtainable to customers by way of employers, in July 2019.

Wealth Wizards works with Monetary Planners, different monetary providers organisations and with employers by way of a single platform that mixes machine studying and synthetic intelligence with expertise.




Leave a Reply

Your email address will not be published.

Go up