WTW expands wealth businesses with launch of Via Retirement

WTW, a leading global advisory, broking and solutions company, announced the launch of Via Retirement, expanding its wealth business into the growing market for financial solutions in retirement. The new offering being made available in the US market brings together WTW’s deep retirement and investment expertise with personalized advice and technology, extending the company’s capabilities across the retirement lifecycle from savings accumulation through the transition into retirement.

As defined contribution plans have become the primary source of retirement savings for millions of workers, demand is growing for solutions that provide individuals with the option to convert accumulated retirement-focused investments into sustainable retirement income. While employers have invested significantly in helping employees save, much of that support ends when individuals retire from a company and enter a fragmented retail market. Via Retirement positions WTW to address this underserved need while helping employers extend the value of their retirement programs.

“Via Retirement builds on WTW’s decades of success supporting individuals to improve their financial security,” said Julie Gebauer, President of Health, Wealth & Career at WTW. “By combining our retirement and investment expertise with personalized advice and intuitive technology, Via Retirement addresses the growing market need to support the transition from retirement savings to living in retirement.”

Via Retirement brings together real-time scenario modeling, access to investment model portfolios, and personalized investment advice by investment adviser representatives, and a marketplace of annuity products supported by insurance brokers. Individuals can evaluate how decisions about retirement timing, goals, spending and income sources may affect their financial strategy and compare a range of retirement investment and income options in one place.

Via Retirement strengthens WTW’s proposition across the full retirement lifecycle, bringing together its capabilities with the goal of helping clients address evolving retirement needs and support better outcomes.