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Daily Insurance Industry News
Friday 27th of April 2018
September 26, 2009

Aviva extends access to Pension Tracker service

by Gill Montia

Story link: Aviva extends access to Pension Tracker service

Aviva extends access to Pension Tracker service

Aviva has announced that it is extending access to its Pension Tracker service and making it available to one million customers.

The facility takes the form of a secure online tool that aims to make pension planning easier for consumers.

Accompanied by “Lisa” (who is described as “a ground-breaking virtual online guide) Aviva pension holders receive a tour of the site and some wise words on the importance of pension planning.

Most importantly, the Tracker allows savers to see what their pension is worth today, how investments are performing and the income they could have when retired.

In other pension news, the Government has announced that the introduction of the Personal Account pension has been delayed for a year, meaning the scheme will not be fully operative until 2016.

Personal Accounts are aimed at low earners who don’t belong to employers’ schemes.

They were originally due to be launched in 2012, although phased in over three years.

Employers are unhappy about the extra costs to be faced in the recession; they will eventually be required to contribute 3% of salary.

 

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