A Glasgow-based FinTech that helps people plan their retirement finances has raised £200,000 from existing investors and added three new additions to the team, including two directors.

The two new directors at Guiide are Clare Hawkins, a former NHS Trust chief executive, who will lead on governance and Stewart Lawrie, an experienced financial systems developer, who will lead our development team for the future.

Additionally, Mike Robins, former partner at 3i, who has a wealth of knowledge on capital funding and small business growth, has joined Guiide as a board adviser.

https://businesscloud.co.uk/news/scottish-retirement-fintech-guiide-appoints-chairman/

The funding will be used to support Guiide+, which is an addition to the FinTech’s free online service for registered users.

The centrepiece of this development will be a full retirement dashboard showing real-time values for a person’s pensions, and all other sources of income and savings.

The dashboard will be accompanied by Guiide’s tracking tools showing how a person’s long-term plan is affected as they draw income and as their live pension pot values vary over time.

https://businesscloud.co.uk/news/toqio-aims-to-top-the-world-after-e20m-investment/

The company is also launching a second product called Guiide.auto, which will allow individuals to monitor, track and adjust plans and add an element of guaranteed income paid into the pension pot if desired, whilst still maintaining all the flexibility of drawdown.

Kevin Hollister, founder of Guiide, said: “Retirement is no longer just about pensions. Our continued goal is to use tech to simplify the mystifying subject that is retirement planning and later life products. We believe a ‘put it all together and do it for me’ approach is the optimal route for the non-advised mass market to get the best retirement outcome.”