- Seamless integration with The Pension Lab enables digital pension tracing and consolidation across Aegon’s workplace propositions.
- Real-time employer insights through enhanced dashboards and campaign tracking tools.
- Faster, simpler journeys for Aegon Master Trust members through automation and intuitive pension transfer features.
Aegon has enhanced its Member Insights platform for Master Trust clients through a new integration with The Pension Lab, delivering a more connected and efficient pension consolidation experience for both members and employers.
This development marks a significant milestone in Aegon’s ongoing collaboration with The Pension Lab, which has already empowered Master Trust members — particularly those without financial advice — to locate and compare old pension pots using a simple red, amber, green dashboard.
Antonia Balaam, Head of Master Trust at Aegon, commented:
“At our Master Trust employer events, the most frequent question we hear from members is: ‘How do I consolidate my pensions?’ That’s why we’re focused on making the process as straightforward as possible.
“Member Insights has proven to be a valuable tool for employers running engagement campaigns, and our collaboration with The Pension Lab now gives savers including Master Trust members—at no extra cost—the ability to trace and consolidate old pensions where it’s safe and beneficial to do so.
“By combining Member Insights with The Pension Lab’s Trace & Compare feature, we’re giving members greater control over their long-term financial wellbeing. Members are finding lost pensions—40% in real time and 75% within two days—and consolidating them with ease.
“For employers, this means they can proactively support their workforce with one of their most common financial concerns. It’s a smarter, more transparent way to manage workplace pensions.”
About Aegon
In the UK, Aegon offers pension and investment solutions to over 3.5 million customers, supported by over 3,000 employees. Figures are correct as of 31/12/2024. Learn more at aegon.co.uk/about-us
Aegon UK is part of the wider Aegon Group, an international financial services holding company. Aegon’s ambition is to build leading businesses that offer their customers investment, protection and retirement solutions. Aegon’s portfolio of businesses includes fully-owned businesses in the United States and United Kingdom, and a global asset manager. Aegon also creates value by combining its international expertise with strong local partners via insurance joint ventures in Spain & Portugal, China and Brazil, and via asset management partnerships in France and China. In addition, Aegon owns a Bermuda-based life insurer and generates value via a strategic shareholding in a market-leading Dutch insurance and pensions company.
Aegon’s purpose of helping people live their best lives runs through all its activities. As a leading global investor and employer, Aegon seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion & diversity. Aegon is headquartered in The Hague, the Netherlands, and listed on Euronext Amsterdam and the New York Stock Exchange. More information can be found at aegon.com/about
The information in this press release is intended solely for journalists and shouldn’t be relied upon by any other persons to make financial decisions.