Aegon has marked the primary anniversary of its client reporting tool, ‘Product reporting’, with a sequence of strategic enhancements designed to additional bolster adviser capabilities and client engagement.
The upgrades, utilized to the Aegon Retirement Choices (ARC) and One Retirement platforms, coincide with the findings of the current “Organic progress for monetary recommendation corporations: A sensible information” report, which Aegon produced in partnership with SubsequentWealth.
The report discovered that whereas over three-quarters of advisers are searching for to develop their property beneath recommendation, solely a small quantity have an outlined technique. It additionally highlighted that high-performing corporations are more and more utilizing information to refine operations, empower groups, and construct scalable worth.
Aegon’s newest enhancements purpose to handle this want by offering advisers with extra invaluable metrics and customisation choices. The new capabilities embrace:
Advanced return metrics: The introduction of money-weighted and time-weighted returns permits advisers to achieve a deeper perception into product efficiency, facilitating extra detailed conversations with purchasers.
Enhanced customisation: Advisers can now personalise client experiences with particular names and tailor-made commentary, fostering a extra bespoke strategy to recommendation.
Investment breakdown part: This affords detailed insights into the precise funds and fashions the place purchasers are invested, growing transparency and supporting higher decision-making.
Aegon managing director Stephen Crosbie says: “Our ongoing enhancements are a transparent testomony to Aegon’s pursuit of excellence. We’re targeted on constantly enhancing our platform, not only for effectivity, but additionally to empower advisers to have interaction in insightful, personalised conversations with their purchasers, that are important in serving to them meet Consumer Duty expectations.”
Royal London acquired Aegon UK’s particular person safety enterprise in 2023.
