Aegon Introduces New SIPP Technology

Aegon UK, a leading provider of life insurance, private pensions, savings and investment services, has recently signed a deal with GBST, a British technology provider.

The deal signed on July 21st will provide Aegon UK with a new technology designed to automate and streamline processes as well as to improve the company's efficiency.

The investment, pensions and savings group expects GBST technology to ameliorate its SIPP (self invested personal pensions) services by providing customers with a more user-friendly solution. It is set to include online transactions reporting and back office adminitration.

Commenting on the deal signed, Aegon's marketing director, Mr. Marchant, said that the company has been impressed by the flexibility, efficiency and cost of GBST solution. He is determined that it will help Aegon UK deliver the best service possible to its SIPP customers.

Mr. DeDominicis, chief executive at GBST, shares the opinion of Mr. Marchant and says that the use of its new technology will place Aegon in a leading position on the pensions market.