Aegon’s WARC (Workplace Aegon Retirement Choices) proposition is famous for its slick front end, Retiready. The firm focuses on helping scheme members ‘to and through’ retirement, offering a single platform that can help in both accumulation and decumulation.
Aegon’s platform launched in 2012 and has nearly 750 workplace schemes with 47,500 employees within them. The firm says nearly half of employees have already registered for Retiready, which launched earlier this year, and 70 per cent of members of new schemes use the service.
Aegon has made a big play to unify workplace savings with wealth management. In the face of a commission ban and the pension reforms, its proposition looks compelling. For our full review of Aegon’s workplace savings proposition, read our article on Corporate Adviser.