With most trustees, pension providers, banks and insurers you are told what your balance is but you have no means to independently verify that the assets are there and held in a separate account exclusively for your retirement needs.
Tontine Trust is committed to setting a new standard for the global trusts & retirement industry by providing our members with full transparency over their trust accounts.
Proof of Reserves is Tontine Trust’s commitment to full transparency. It’s a system that allows members to verify, at any time, that the assets backing their lifetime income trusts & pensions are being held exclusively for their benefit.
We achieve this by holding all assets & balances in digital form within secured wallets which can be accessed by our members in the MyTontine™ app. This enables members to independently verify the balances and all historical transaction details within the wallets of their trusts.
"Sunlight is the best disinfectant"
Louis Brandeis - Supreme Court of the United States
Radical Transparency via Proof of Reserves
Life Expectancy data by the Human Mortality Database
The Human Mortality Database (HMD) is a collaboration between the Max Planck Institute for Demographic Research (Germany), the University of California, Berkeley (USA) and the French Institute for Demographic Studies (France).
The HMD provides detailed high-quality harmonized mortality, life expectancy and population estimates and is considered the world´s leading scientific data resource on mortality in developed countries.
By utilizing independent data, we ensure that our our payout forecasts remain wedded to reality.
This stands in stark contrast to others in the industry that utilise 'internal life expectancy models' the private nature of which open up possibilities where those providers could theoretically manipulate annuity pricing or give a distorted view of their financial strength.
Inflation forecasts by Truflation
Truflation is a provider of unbiased global inflation data to enable better decision-making.
Their system uses 10 million data points and updates it’s indices daily, offering more comprehensive and up-to-date information compared to traditional inflation indices which are updated monthly.
Truflation’s data is published to their blockchain to provide a secure, immutable source of truth.
Working with the Transparency Taskforce
Founded in 2015 by Andy Agathangelou, the ‘TTF’ is a collaborative global campaigning community dedicated to driving up the levels of transparency in financial services and to rid the financial industry of its short term profit mindset.
On the back of several successful campaigns, in 2020 TTF was appointed as the Secretariat of the United Kingdom’s All Party Parliamentary Group on Pensions Scams.
We are proud to support the work of the TTF and are honoured to have been the first, and so far only, retirement income firm to receive their Transparency Award.