Workplace Aegon Retirement Choices is an online proposition that means you can design and tailor the scheme to meet your clients’ needs.
Spend less time on paperwork and more time creating new business opportunities. You’ll be able to provide personal advice to employees on their total investments, with flexible adviser charging options. Where a member has their own financial adviser, access to the member’s platform account can be provided to the adviser firm.
You can help your employer clients with their scheme governance. You can choose to have access to Report Zone and Member Insights which will help you keep track of every scheme you advise on. It’s designed to deliver management information to give you a holistic view of each workplace pension scheme. This means you can add more insight and value to your employer relationships.
You can also provide scheme level advice to employers and engage with employees through personal financial planning.
To help employers meet their governance and auto-enrolment duties, Aegon Retirement Choices also includes online tools:
- SmartEnrol supports the enrolment and re-enrolment of eligible employees into the pension scheme, relieving employers of this time-consuming regulatory requirement.
- Report Zone – gives employers management information on their workplace pension scheme.
- Member Insights helps employers meet their ongoing governance responsibilities. It provides easy to understand reports to let them understand the retirement savings position of their employees and enables them to take corrective action with the ability to send data-driven campaign emails.
Key benefits for you, your clients and their employees
Aegon Retirement Choices makes it easy for you to give your client a simple workplace savings solution that will help their employees save and invest in the way that’s most appropriate for them.
Use our platform to offer employees a simple pension-only SIPP solution, or a full wealth platform, combining a SIPP, ISA and a GIA. Also, full flexibility is available when employees take their benefits, including the ability to move into drawdown.
Diverse investment choice
From our default solution for employees who don’t want to make an investment choice, to our ‘self-select’ investments, we offer a wide selection of choice.
Controlled investment choice
Our ‘gating’ facility makes it easy to control employees’ investment choices, with a wide range of investments and asset types split into different levels or ‘gates’. Each gate provides employees with increased access, revealing more sophisticated investment options to suit an individual’s knowledge and experience.
Transparent and capped charges
A scheme can have the same competitive administration charge across all savings products and we offer a cap on the charges employees will pay, both before and after retirement.
Easy online administration
You can manage all your schemes in one place with access to our straightforward online service as well as comprehensive reporting.
Our Member Insights online tool gives you and your client management information to help with scheme governance. As well as the ability to send tailored messages to their employees to help address governance actions.
Employer auto-enrolment tools
Our online auto-enrolment tool helps employers manage their auto-enrolment duties so they can be confident they’re fulfilling their auto-enrolment responsibilities securely and reliably.
We help keep your clients’ employees engaged with our customer-focused communications that avoid jargon. We use our customer panel to test communications and use behavioural economics to drive member action.
Online employee experience
Employees benefit from our dedicated online service, Retiready, and a mobile app. They can easily manage and stay engaged with their pension plan at any time. They can track their investment progress, switch investments, update their details, access their documents and move easily from building their pension pot to generating a retirement income.
The value of an investment can fall as well as rise and isn’t guaranteed. Your client could get back less than they invest.