The Guided Outcomes system or GO™ will be used as part of what Aberdeen called a “new initiative to help individuals meet their savings goals”.
This is the first time it will be made available outside of the workplace DC market, the firms said.
According to Hymans, GO helps firms understand where their workforce / membership stand in relation to affordable retirement.
It shows whether members are on track in relation to targeting income replacement levels.
The companies said that GO™ has analysed the savings plans of 400,000 individuals, bringing over £2 billion of assets under advice in the past year.
The online service will be made available directly to a wide range of individual UK investors.
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Ronnie Bowie, senior partner at Hymans Robertson, said: “We have a strong track record serving the workplace savings market, where our technology is being used by many employers to help employees make proper provision for retirement.
"It is an exciting development for the firm to be diversifying into new areas, using our technology solutions to help investors outside of the workplace for the first time.
“We have a shared ambition to provide digital services to savers giving them better financial outcomes, providing simple solutions in the face of much more complexity.”
John Brett, global head of distribution at Aberdeen Asset Management, said: “This ground-breaking strategic partnership combines the actuarial expertise of one of the leading pension consultants with one of the leading investment management brands in the UK.”