This service is typically offered to one, who is scheduled to retire in the next few years. This service is intended to help, “would be” retiring employees consolidate their financials to create a “ready to use” retirement corpus. However, this phase can also be opted along with comprehensive retirement planning.

Mostly this consolidation activity is left to the post-retirement phase and so post post-retirement phase is started without proper preparation. It takes a long time to realign the scattered investments with your retirement planning, to avoid tax implications. On the other end, changes in your risk profile may not permit you to continue with your pre-retirement investments.

So to derive the full benefit of your past investments, it is always recommended to consolidate & re-distribute them, in line with your retirement planning, before you retire. All this eases your retirement journey.