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Daily Insurance Industry News
Friday 19th of October 2018
December 19, 2010

Aviva launches Total Reward Statements

by Gill Montia

Story link: Aviva launches Total Reward Statements

Aviva launches Total Reward Statements

Aviva has enhanced its workplace savings offering with the launch of Total Reward Statements, an online, personalised record that allows employees to understand the value of benefits provided by their employers.

The technology, which is provided by Staffcare, is available to firms with Aviva group personal pension schemes and carries an individual company’s branding.

Statements include salary, bonus, pension, medical insurance, health screening, life and critical illness insurance, car allowance and holiday.

Information is presented in graphical format, giving employees a consolidated reward statement plus access to information including benefit descriptions, booklets, and application forms.

Aviva’s head of pensions marketing, Paul Goodwin, comments: “An increasing number of employers are using Total Reward Statements and entering the workplace savings market.”

He adds: “We expect that this will be a growing market over the next few years, and one in which Aviva will play a leading role.”


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