New Aviva solution lets you ask ‘can I retire yet’?


Aviva Norwich Union’s new pension tracker website, supported by Barrie & Hibbert’s Wealth Scenario Generator, will give customers the ability to generate projections of their retirement income. It includes an online calculator and presents the projections to advisers and their clients via an easy-to-use interface

The intention of the new pension tracker website service from Aviva Norwich Union is to encourage customers to take a more active role in controlling their pensions and planning for retirement.

Commenting on the project, Iain Oliver, head of pensions at the firm, said: “Our pension tracker is first in the industry to give customer’s access to a Virtual Online Guide (VOGcaster) and to graphically show projections for their pensions as a ‘beam of light’. This approach was created following extensive customer testing and was only achievable because of the stochastic analysis from Barrie & Hibbert. The team shared their expertise with us throughout the development process and helped us to fully understand the benefits.”

 

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