AgeWage Investor Deck

1. Investment Pack 2019
Helping consumers
make sense of their
pension
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2. AgeWage wants to maximise the amount of money people receive f rom their
pensions.
To do this people require a personalised assessment on their pension so (with guidance)
they can make informed decisions.
Over the next 5 years we plan to analyse millions of pension policies and assist in
transferring over 100,000 pension policies per year.
“AgeWage provides vital tools and intelligence to help customers
ensure that they get the best value from their pension savings
now and in the future.”
Phil Loney, CEO of Royal London
AgeWage Introduction

3. Pensions are complex
Personalised advice is expensive
People have multiple pensions
The individual is now responsible for retirement
income
No simple way to compare pensions
“I confess to not being able to make the remotest sense of pensions”
Andy Haldane (Bank of England Chief Economist)
AgeWage Problem

4. in Workplace
pensions and
growing
lost pension
pots by 2050
of people won’t
pay for advice
£800bn 50m 96%
pensions on
average per
person
6
AgeWage MarketOpportunity

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The AgeWage solution tells
people:
The value of their pension
How it compares to a benchmark
An overall AgeWage score that puts it all in
context
This guidance empowers consumers
to have the confidence to
transfer/consolidate to another
pension scheme if necessary
AgeWage Product

6. The Independent Governance Committees (IGC) and Trustees of pension schemes represents a
cost effective way to reach consumers.
AgeWage
analyses client
base for f ree
Delivers AgeWage
score to consumers
(typically 100,000+)
IGC’s and Trustees represent over
Convert to
AgeWage
customers
40m
pension policies
AgeWage Route To Market
1. 2. 3.

7. 2019
Year Transfers Revenue
Our B2B consultancy work will supplement our income in the earlier years. We believe initially this will raise
about £150,000 per year growing up to £400,000 by 2023
750
10,000
45,000
50,000
100,000
£75,000
£1,000,000
£4,500,000
£5,000,000
£10,000,000
2020
2021
2022
2023
Our primary revenue will be the fee paid for transfers we facilitate. This will average
£100 and be paid by the pension provider the consumer transfers funds to.
AgeWage Revenue

8. Dr.ChrisSier
ExecutiveChairman
HenryTapper
CEO
RiteshSinghania
COO
AndrewWalker
CMO
AdvisoryBoard
Dr.ConKeating,JohnMather,PeterTompkins,Sandy
Trust,MaragaretdeValois,JohnQuinlivan
Technologyteam
Inplacefullstackdeveloper,back-enddeveloper,
front-enddeveloper,UI/UXanddevops
ProfessoratNewcastle
University.ChairoftheFCA’s
IDWC.HeistheUK
Government’sFintechEnvoy.
Consumerchampionanda
strongtrackrecordof
providingonlineguidance.
Henry’sbloghasover
40,000regularreaders.
Serialentrepreneur.
GraduateofOxfordand
previouslyworkedat
Accenture.
PreviouslyCMOatPension
PlayPenandhasover12
yearsexperienceindigital
marketing.Graduateof
UCL.
AgeWage TeamAgeWage

9. To Consumers
(and IFA’s in general)
Internal Resource
To IGC and TrusteesFor data
Why pay a third party to provide
and independent service?
Charging to do a similar job
AgeWage will do for free
Consultants
AgeWage Competition

10. £250,000
to fund the business through 2019
Build out the
product
Enter the FCA
sandbox
Analyse 500,000+
pensions
This will enable us over the next 12 months to...
AgeWage Investment

11. Stage 1
(Q1 2019)
Stage 2
(Q2 2019)
Stage 3
(Q3 2019)
Completion of algorithm and
coding
Memoranda of understanding
Royal London
Launch of Member App and
delivery of first scores in beta to
first customers
AgeWage enters the FCA
Sandbox
Delivery of bulk data to
first B2B customers,
delivery of AgeWage
scores to retail customers
of Pension Bee
Conversion of B2B
contacts to users
commences
Launch of AgeWage
support
Stage 4
(Q1 2020)
Once proof of concept is
achieved, will move to
market to consumers
through comparison sites
and to small employers
through payroll software
Stage 5
(Q1 2020)
Link to pension finder
service, Integration with
Government (SFGB)
dashboard
Stage 6
(2021)
Development of data
management services to
supply metrics to industry
and Government
Stage 7
(2021)
Potentially become a
pension dashboard
AgeWage Timeline