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Innovation and Ventures Division at Standard Chartered and Franklin Templeton Introduce Wealth, Health, Lifestyle Platform

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The innovation and ventures division at Standard Chartered (LON: STAN) has teamed up with fund manager Franklin Templeton in order to introduce a “wealth, health and lifestyle” consumer platform for Singapore residents.

Incubated by SC Ventures, the digital platform, known as Autumn, has been developed to support clients as they get ready to enter old age by offering a wide range of tools, products, and services across key aspects of wealth, health and lifestyle.

Autumn’s mobile app has been designed to assist customers with achieving financial clarity by bringing together their banking, investment, insurance and healthcare data into one easy-to-access dashboard. Clients are able to plan for their financial future using personalized aspirations and individual goals, scenario analyses, and portfolio stress testing before actually following through with their plan. They are able to transact across several different product providers and asset classes.

Franklin Templeton will be serving as an asset management partner, offering clients access to curated financial literacy content. Autumn users will be able to get key insights on their model portfolio based on their individual risk profiles and their financial data.

SC Ventures’ management noted that they will offer important insights into how a client’s lifestyle choices could affect their retirement plans by using data from third-party wearable and health apps. Autumn also plans to bring various lifestyle partners onboard, which reportedly includes travel services and volunteering opportunities as well.

Plans are currently underway to introduce the Autumn platform in Hong Kong and other jurisdictions across Asia.

Mike Kruger, CEO at Autumn, stated:

“By combining digital wealth technology with health, lifestyle and financial wellness, we’ll help users adopt healthier habits and create a retirement that is personalized for them.”

Alex Manson of SC Ventures, remarked:

“Autumn addresses one of the greatest societal challenges of our time and which is dear to my heart: getting older, which is unfortunately inevitable. All of us want to grow older in a good way, with a healthy lifestyle, planning the form of retirement that is specifically the one we truly aspire to and giving ourselves the means to achieve it, as opposed to procrastinating about the issue. This won’t be achieved by pushing products – it requires trust in a community of like-minded people, and importantly, the integrity of data-driven decisions. This is what Autumn is all about.”

Harshendu Bindal, Head of Digital Strategy and Wealth Management, Franklin Templeton, noted:

“As an asset management partner of Autumn, our best-in-class investment model portfolios and educational content will be made available to Autumn’s customers as they make informed investment decisions related to life events, retirement, as well as their general and financial well-being.”

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Source: https://www.crowdfundinsider.com/2021/06/176502-innovation-and-ventures-division-at-standard-chartered-and-franklin-templeton-introduce-wealth-health-lifestyle-platform/

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