- New functionality enhances Aegon's offering for financial advisers.
Aegon, a leading provider of retirement and investment solutions, has announced the launch of Product reporting, a client reporting tool for financial advisers across Aegon Retirement Choices (ARC) and One Retirement The introduction of this tool is the next step in Aegon’s plan to improve the overall user experience.
Effective immediately, advisers now have access to detailed summaries of their clients' products and performance over a period they select. This new tool makes it even easier for advisers to tailor conversations with clients, helping them to deliver a more personalised approach in support of delivering Consumer Duty outcomes.
Product reporting is accessible from the client summary and offers a range of features that allows advisers to gain valuable insights into their clients' portfolios. Some of the new features include:
- View valuations of clients' products.
- Ability to generate graphical representations across all products, such as product valuations, money in and out, along with the option to customise data ranges.
Additionally, advisers can also see a breakdown of key product data, including opening and closing value, return for all products or selected products, income received from any income-generating investments, and any charges (where applicable).
Aegon is continuing to evolve Product reporting and has been actively gathering feedback from advisers, which has been invaluable in shaping the future development of the tool, which will be delivered on a phased basis.
Stephen Crosbie, Managing Director - Retail, commented:
"The launch of Product reporting is a clear demonstration of our commitment to continually improve our platform. Aegon’s new user experience enables us to elevate our platform's digital capability for advisers and serves as a strong foundation for future advancements.
“As we strive to become the market-leading digital platform provider, Aegon is determined to provide financial advisers with solutions that streamline their processes and enhance their ability to serve their clients effectively, delivering good Consumer Duty outcomes. The introduction of Product reporting marks another significant milestone in our journey to achieving this goal."
To find out more about the platform improvements Aegon have been making, please visit our Platform updates page.
In the UK, Aegon offers pension and investment solutions to over 4 million customers. Aegon employs over 2,000 people in the UK and together with around 500 people employed by Atos, we serve the needs of our customers. Figures correct as at 31/13/2023. More information on aegon.co.uk
Aegon UK is part of the wider Aegon Group, based in the Netherlands, whose roots go back to the first half of the nineteenth century. Aegon is an international financial services holding company. Aegon’s ambition is to build leading businesses that offer their customers investment, protection and retirement solutions. Its portfolio of businesses includes fully owned subsidiaries in the US, UK and a global asset manager. In addition, Aegon has partnerships in Spain & Portugal, Brazil, and China, which create value by combining strong local partners with Aegon’s international expertise. In the Netherlands, Aegon generates value via a strategic shareholding in a market leading 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
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.