- Aegon unveils new features for its client reporting tool, aiming to further enhance the capabilities accessible to financial advisers.
- These enhancements are in line with recent research from NextWealth and Aegon, which highlight the critical importance of tracking key metrics to gain valuable insights into current clients.
Aegon marks the first anniversary of ‘Product reporting’, a client reporting tool designed for financial advisers, by introducing strategic upgrades that enhance adviser processes and facilitate client interactions within the Aegon Retirement Choices (ARC) and One Retirement platforms.
Over the past year, ‘Product reporting’ has delivered a total of 12 new enhancements, providing advisers with valuable analytics and customisation options.
To further support advisers in adapting to dynamic market conditions and diverse client needs, Aegon has implemented further new capabilities to the tool, tailored to their evolving requirements:
- Advanced return metrics: The introduction of money-weighted and time-weighted returns enables advisers to gain deeper insights into product performance, facilitating detailed client discussions.
- Enhanced customisation: Advisers can now personalise client reports with names and tailored commentary fields, fostering a bespoke approach to client advice.
- Investment breakdown section: Offers detailed insights into the funds and models in which clients are invested, enhancing transparency and decision making.
These enhancements align with findings from the recent NextWealth and Aegon report, Organic growth for financial advice firms: A practical guide.
The report highlights the importance of tracking the right metrics to surface valuable insights on existing clients. High-performing firms embed data at the heart of their operations, using it to refine processes, empower teams, and build long-term, scalable value.
Stephen Crosbie, Managing Director - Adviser Platform, comments:
"We recognise how critical it is for our platform to align with what advisers are looking for in today’s ever-changing environment. This understanding drives our efforts, and celebrating one year of ‘Product reporting’ highlights our commitment to adapting to market dynamics while meeting adviser needs, as reflected in our recent findings with NextWealth.
“Our ongoing enhancements are a clear testament to Aegon’s pursuit of excellence. We’re focused on continuously improving our platform, not just for efficiency, but also to empower advisers to engage in insightful, personalised conversations with their clients. These meaningful interactions are essential in helping them meet Consumer Duty expectations, which are increasingly vital in today’s complex financial landscape.”
To find out more about the platform improvements Aegon have been making, please visit aegon.co.uk/platform-update
You can read the full Organic Growth for Financial Advice Firms guide here.
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.