iPipeline, a leading provider of integrated digital solutions for the life insurance, pensions, savings, and investment markets in the UK, has unveiled significant enhancements to its SSG Digital® platform.
The latest enhancements aim to bolster innovation among providers by enabling advisers to manage multiple contribution types, including regular premiums, single premiums, and transfer payments, according to FF News.
Additionally, integration with the SEPA (Single Euro Payments Area) payment system simplifies cross-border transactions, making the platform more versatile and efficient.
Founded with a mission to digitalise and optimise financial services, iPipeline specialises in creating solutions that empower providers and advisers in the life insurance, pensions, and savings sectors. Its offerings are designed to streamline processes and enhance the customer experience.
The enhanced SSG Digital platform supports new product launches, such as Royal London Ireland’s Personal Retirement Savings Account (PRSA) and PRSA with Additional Voluntary Contributions. These products offer unique features and greater flexibility for advisers, reflecting iPipeline’s commitment to empowering providers with cutting-edge tools.
Royal London Ireland, based in Dublin, has been a pioneer in the Irish pensions market, becoming the first life insurer to introduce a new pensions product in over 30 years in 2022, also powered by iPipeline technology.
Building on this success, the firm leveraged SSG Digital for its latest product launch in 2024, receiving strong praise for its user-friendly and innovative capabilities.
Ian Teague, UK Managing Director of iPipeline, highlighted the significance of the enhancements, saying, “I’m hugely proud of this latest additional functionality to SSG Digital. It not only highlights the flexibility of a platform equally at home powering pensions as it is powering protection providers, but it also shines a light on the dedication and expertise of the iPipeline team, who thrive working hand-in-hand with innovative, forward-thinking providers like Royal London Ireland. We’re delighted to be part of the positive story of a provider delivering true innovation in the Irish pensions market.”
David Caswell, CIO of Royal London Ireland, also praised the collaboration, saying, “Following on from the successful launch of our new Pensions business in Ireland, we were delighted to continue using the SSG Digital platform when launching our new regular premium product in 2024 – the latest addition to our pension product range. The SSG Digital technology has enabled Royal London Ireland to deliver a compelling proposition to the market and the feedback from Financial Brokers has been phenomenal. They like how simple and user-friendly the system is and have provided very positive feedback to us regarding the quality of our technology.”
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