Tech Portal: True Potential launches life plan technology

True Potential One aims to revolutionise the way people interact with their finances up until and beyond retirement.

The tool will allow people to consolidate their financial affairs in one place and get a real-time view of how their plans are performing using the web or their mobile device as it aims to bring order and simplicity to clients with investments.

Senior Partner at True Potential, Daniel Harrison, said they are incredibly excited by True Potential One because it takes their vision of a flexible, simple and personalised approach to investing.

“Already, the reaction from financial advisers has been fantastic as they can now use cutting-edge technology to help their clients plan for retirement and beyond,” said Daniel.

“This is in addition to our free ISA and pension tax wrappers, and a choice of world-class fund managers embedded in the system.”

True Potential believes one of the biggest opportunities for financial advisers and their clients is April’s pension freedoms which will give individuals over 55 more flexibility over the way they access their money.

True Potential One allows clients to plan their lifestyle through spending zones, whilst continuing to manage their wealth throughout the process.

“Most importantly, with April’s pension freedoms just weeks away, our own TPI Pension is one of the only pensions that can facilitate flexi access drawdowns with no restrictions and no minimum pension size. Plus, it’s fully integrated into True Potential One™,” added Daniel.

“Clients can now have all of their investments together in one place so it is really just like having one master plan with smaller ones inside for everything in life. It’s designed to be flexible too, so it changes and adapts just as life does. Clients are always in control and can decide what to do with their money and when.”