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We are a FinTech developing
a surprisingly effective cure
for the Pensions Pandemic






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ABOUT OUR NEXT GENERATION PENSIONS

We use modern technology to enable a new generation of lifetime income pensions based upon the 400 year proven 'tontine' principle.

'Tontine' pensions are highly popular with retirees seeking a monthly income which can never run out & can rise faster than inflation.

A Tontine is like a mutual society
where profits go to the pensioners
rather than to shareholders
of an insurance company

The History of Tontines

Back in 1653, retirees hated buying annuities, just like they still do today. This was a growing problem for cities & countries which for centuries had funded themselves by issuing annuities.

Lorenzo De Tonti, a former banker, proposed a simple but radical improvement to the 2000 year old annuity:
When a retiree dies, instead of cancelling their payout for your own benefit, share it among the survivors so that their payouts will increase over time.

Initially rejected as too generous by the King of France, the first 'tontines' were issued in 1670 by the rich Dutch cities of Kampen & Groningen. France, England, Germany & Ireland followed as demand for tontines exploded from retirees all over Europe. Tontines immediately dominated the European pensions industry & would have continued to do so but for the arrival of central banks which provided governments access to cheaper funding.

Then in 1876, Equitable Life in the US issued an annuity with tontine-like benefits. The tontine effect proved so popular that theses came to dominate 64% of revenues, growing the insurance industry by 600% until over 50% of households owned a Tontine Pension.

The Insurers however existed to serve their stockholders rather than their customers. As a result, rampant fraud emerged across the industry including charging for unnecessary guarantees even though the customers were the ones sharing all of the risk. Following a massive investigation in 1906, the New York regulator banned them from profiteering at the expense of tontine members. The Insurers withdrew the beloved tontines, returning to the hated -but far more profitable- guaranteed annuities which they still offer today.

Our Mission

Fast forward to today where better healthcare means that 300 million over 50-year-olds are living in the "rich" OECD countries. What is bankrupting the OECD public servant pensions is the same problem that now risks doing the same to private savers: 33% of men & 43% of women will live into their 90's.

Nobody enjoys the prospect of a 40+ year game of financial Russian roulette which is why it is no surprise that 70% of over-50's are interested in a lifetime income solution OTHER THAN a historical annuity.

This is why we created our award winning & globally patent pending platform. Our fully digital solution will enable users to sign-up online for a simple, safe & transparent monthly income which they can trust to continue until age 120.

Studies shows that when you remove the fear/risk of running out of money, your lifestyle, health & even your IQ can improve. For this reason we know that our platform will ultimately help societies as well as individuals.

Iphone and Debit Card

Research by 100 insurers shows why only Tontine Pensions can provide the "Perfect" solution:

According to the Asia Retirement Income Report (2017) : "the ‘perfect’…product is likely to have…":

Lifetime Income

Consumer Want #1:
A Lifelong Income

Our Tontines will offer monthly payouts from retirement age up until age 120+ if needed.


Each tontine is a closed pool of up to 10,000 same-age, same-gender members which invest whatever they can afford. Their payouts are proportional to the amount invested.


Capital is Safe

Consumer Want #2:
The Income Increases

In a Tontine, when a member dies, their expected payouts are shared with the other members of the pool which results in the payouts for surviving members rising over time.


By design, payouts should rise faster than inflation & should rise substantially in later years as the remaining capital must all be paid out to the surviving members.

TontineTrust Logo
Income Increases

Consumer Want #3:
The Capital Is Safe

The capital of the tontines is held in trust for the members & invested by globally trusted asset managers in highly conservative portfolios strategies of the kind deemed suitable for widows & orphans.


This means that the capital is safer than if it is paid to a large insurer which by their nature carry very high liabilities.

Lifetime Income

Consumer Want #4:
The Fees Are Very Low

Unlike Annuities that charge up to 30% up front & 3-5% per year in management fees, our Tontine Pensions will charge a flat 1% per year.


By reducing the fees so drastically, our Tontines offer higher monthly payouts than annuities even before mortality credits start to boost the monthly income of surviving members.


ONE PLATFORM - A WORLD OF USE CASES

Our platform model is to align with partners across the globe to help many consumer segments

Mass Affluent Baby Boomers
Facing Uncertain Longevity

Lifetime Income

Worrying about every penny you spend each day affects your happiness, decision-making & often leads to poor health choices.

Having a tontine style lifelong income stream means that you can be more productive & are now financially rewarded when you take better care of your health.

Micro Pensions &
the Unbanked

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In markets with no established savings or pension systems we will offer a secure leapfrog solution enabling a trusted nationwide savings system to be accessed even in rural settings.

Savers need only know someone with a smartphone in order to be able to register a savings or pension account.

Millenials &
Gig Economy Workers

Gig Workers

Millenials are sceptical of the benefits of pensions overall & are generally more interested in flexible & transparent financial solutions.

Our DIY pensions incentivise saving by showing the substantial gamified rewards for saving into a Tontine & transparently show the assets & calculations underlying all projected future payouts.

Shariah Compliant Islamic Finance Products

Islamic Economy

Other lifetime income products such as annuities offer guaranteed payments by one party which are contrary to the risk sharing principles of Shariah Finance.

Tontine Pensions are shariah compliant by nature based upon the risk sharing principle as long as the underlying investments of the tontine are selected to be shariah compliant also.

TONTINE PAYOUTS LOOK ALMOST TOO GOOD TO BE TRUE

“(A tontine’s) mortality credits enables investors to earn a type of guaranteed alpha not available in any other asset class.”
- Wall Street Journal Marketwatch Column

TontineTrust Crossed Keys Icon

Tontine Pension

Your future expected payouts are updated in real-time based upon mortality rates & investment returns

Growth Chart

Indexed Annuity

Offers a fixed monthly payout which
escalates by 3% per year

Shopping Basket

Fixed Annuity

Offers a fixed monthly payout which loses purchasing power due to inflation

Sack of Money

Account Drawdown

The cash is held in a deposit account & drawn down over 20 years

Expected Monthly Payout comparison for
a 65 year old UK man investing £1m

Graph of Expected Returns

NOTABLE ENDORSEMENTS

Tontine Trust & Tontines continue to receive endorsements from Financial Scholars,
Financial Institutions & the Financial Media

PRODUCT TEAM

DEAN MCCLELLAND

Founder/CEO, CXO,
Robo-Actuary Designer

Brian Bossler

RICHARD K. FULLMER CFA

Chief Investment Officer, Pension Architect & Tontines Expert

RICHARD KENT

Head of Structuring
& Governance

JORIK VAN ZANDEN LL.M

Pan-European Pensions
Strategist

ARATRIKA AHUJA

Financial Analyst
aka 'Falcon'

OSGUR MURPHY O KANE

Business Analyst

LEA DOMINGO

Project Support

ENGINEERING

NICK VAN DEN BROECK MSc.

Head of Engineering/Data Science
Haskell, Applied Mathematics

DR. MICHAEL J NEISH PhD

Quant / Programmer responsible for Robo-Actuary Optimisation

CHRISTOPHER LEWIS

Senior Haskell Engineer,
Making Retirement Functional

LORENZO DI MONAD

The World's 1st Robo-Actuary
Statically typed

ADVISORS

JON MATONIS

Ex-Sumitomo, VISA, Verisign & CEO of Hushmail, Founder of the Bitcoin Foundation

MICHAEL EDELSON

Long term Director of Man United F.C., Angel Investor, VC, Businessman & Philanthropist

JUMAATUN AZMI

Founder of the World Halal Forum, CEO of Kasehdia

JUANITA WOODWARD

FinTech & Financial Inclusion Advisor, Women’s Empowerment Advocacy

JÖRG PLATZER

Economist, Director of Deutsche DLT Assoc., Tontines Expert

NORBERT GEHRKE

Former AIG Japan Strategist, ex Goldman Sachs MD, Asia Region Advisor

HOWARD PANG

Former AIG Agency Strategist, Insurtech Founder

MEDIA COVERAGE

We have already been featured in major financial publications & TV channels including:

Retirement Income Journal
Bloomberg
Forbes
Seeking Alpha
Huffington Post
Interactive Investor
CardRates News

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What is a Tontine?

A "Tontine" is the name of a 400 year old pension product used by European governments to raise capital. Typically, individuals pay into a common pool of money; they receive dividends based on either a pre-agreed rate or their share of returns from investments made with the pooled tontine money.

As members of the tontine group died, they were not replaced with new investors so that the dividends were divided among fewer and fewer members. Given that Death & Taxes are the only certainty in life Tontines became wildly popular as long term inflation-proof investments due to the certainty that dividend payouts would rise in the future as other members of the pool died off.


Given that Tontine investment products have a proven record on multiple continents of successfully raising pension participation rates, and that they provide a simple solution for retirees that never want to worry about inflation or running out of money in old age, academics worldwide have advocated for modern tontine pensions to be launched.


TontineTrust is an award-winning fintech that is pioneering the next generation of Tontine Pensions which enable you to Live Long & Prosper®.

Are Tontines Legal?

Tontine Pensions are 100% legal in most of the world. In Europe they are enabled by the new Pan-European Pensions directive in addition to the life insurance directive. Tontines are also consistently upheld as being legal in the US as explained in detail by Kent McKeever of Columbia Law School in his paper: A Short History of Tontines .

The only reason this question gets asked is because the 1905 Armstrong Investigation of the largest Insurers in the US concluded that they were mis-selling many tontines and the regulators banned the Insurance companies from selling any tontines which contained clauses designed to increase profitability at the expense of consumers life savings.

Are Tontines Illegal?

Tontine Pensions are 100% legal in most of the world. In Europe they are enabled by the new Pan-European Pensions directive in addition to the life insurance directive. Tontines are also consistently upheld as being legal in the US as explained in detail by Kent McKeever of Columbia Law School in his paper: A Short History of Tontines .

The only reason this question gets asked is because the 1905 Armstrong Investigation of the largest Insurers in the US concluded that they were mis-selling many tontines and the regulators banned the Insurance companies from selling any tontines which contained clauses designed to increase profitability at the expense of consumers life savings.