Press release

Fiserv Integrates Retirement Income and Insurance Planning Tools to Enable Holistic and Personalized Goals-Based Advice

Sponsored by Businesswire

(NASDAQ: FISV), a leading global provider of financial services
technology solutions, is enabling financial advisors to assist clients
with retirement income planning and risk mitigation through the use of
annuities, life, and long-term care insurance. New tools and an enhanced
user interface (UI) incorporated into Financial Advice Management from
Fiserv, a suite of interactive, goals-based and comprehensive financial
planning technologies, give advisors a powerful way to help clients
reach their retirement goals through retirement income and insurance

The enhancements optimize goals-based advice as a competitive
differentiator for advisors and include the ability for them to:

  • Create multiple “what-if?” scenarios and illustrate the impact of plan
    variants and decisions in real time with clients
  • Simulate how long-term care insurance, life insurance, fixed and/or
    variable annuities and other products can improve a client’s financial
    outlook and protect against risk
  • Utilize a framework and strategy to help clients transition from asset
    accumulation to retirement income

Retirement income planning represents a significant opportunity for
advisors as many investors do not feel confident about their retirement
strategy, or if they are protected against risks such as long-term
disability. Expectations
& Experiences: Borrowing and Wealth Management
, the consumer
trends survey from Fiserv, found that less than half of U.S. consumers
(41 percent) feel informed when it comes to saving for retirement, and
only 35 percent feel optimistic. Other findings from this survey include:

  • Six in 10 savers rate their [retirement savings] confidence at 7 out
    of 10, or lower
  • 38 percent of these savers rate their confidence at 5 or below
  • Millennials (18-37) are nearly 20 percent more likely to feel
    uninformed about saving for retirement compared to older groups

“Advisors’ ability to offer goals-based advice to clients on how to
mitigate retirement risk through modeling various ‘what-if’ scenarios
offers tremendous value to the practice of financial planning,” said
Cheryl Nash, president, Investment Services, Fiserv. “Through real-time
collaboration with clients, advisors will be able to compare and
contrast life scenarios side-by-side to identify and illustrate the best
solution in the context of a client’s life goals and objectives, helping
them create a holistic financial picture and plan.”

Financial Advice Management includes financial planning, proposal
generation and retirement cash flow and income analysis solutions
designed to automate advisor workflow. Each solution is built to
optimize the advisor experience and is highly modular and configurable.
This suite of planning tools and capabilities is available through APIs,
allowing financial service providers to control the user experience.

Fiserv is a market leader providing innovative wealth management
solutions. In a world that is moving faster than ever before, Fiserv
helps clients deliver solutions that are in step with the way people
live and work today – financial services at the speed of life. Learn
more at

Additional Resources

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and
deliver financial services experiences in step with the way people live
and work today. For 35 years, Fiserv has been a trusted leader in
financial services technology, helping clients achieve best-in-class
results by driving quality and innovation in payments, processing
services, risk and compliance, customer and channel management, and
insights and optimization. Fiserv is a member of the FORTUNE®
500 and has been named among the FORTUNE Magazine World’s Most Admired
Companies® for six consecutive years, recognized for strength
of business model, people management, social responsibility and
innovation leadership. Visit
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