Sat, Jan 18 2025
The SSG Digital® platform has seen major improvements from iPipeline, a top supplier of integrated digital solutions for the UK's life insurance, pensions, savings, and investment industries.
By allowing advisers to handle various contribution types, such as regular premiums, single premiums, and transfer payments, the most recent improvements seek to support provider innovation, according to FF News.
Furthermore, the platform becomes more flexible and effective through connection with the SEPA (Single Euro Payments Area) payment system, which streamlines cross-border transactions.
iPipeline, which was founded with the goal of digitizing and optimizing financial services, specializes in developing solutions that enable advisers and providers in the life insurance, pension, and savings industries. Its products are intended to improve customer satisfaction and expedite procedures.
New product releases including Royal London Ireland's Personal Retirement Savings Account (PRSA) and PRSA with Additional Voluntary Contributions are supported by the upgraded SSG Digital platform. These solutions demonstrate iPipeline's dedication to equipping providers with state-of-the-art technologies by providing advisers with more flexibility and unique capabilities.
Using iPipeline technology, Royal London Ireland, a Dublin-based life insurer, was the first to launch a new pensions plan in more than 30 years in 2022, making it a trailblazer in the Irish pensions industry.
Building on this achievement, the company used SSG Digital to introduce its most recent product in 2024, which was highly praised for its inventive and user-friendly features.
The importance of the improvements was emphasized by Ian Teague, UK Managing Director of iPipeline, who stated, "I'm really proud of this latest additional functionality to SSG Digital." It not only demonstrates the versatility of a platform that can power pensions just as well as protection providers, but it also highlights the commitment and skill of the iPipeline team, who flourish when collaborating with creative, progressive providers like Royal London Ireland. We are thrilled to contribute to the encouraging tale of a provider bringing genuine innovation to the Irish pensions industry.
"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," said David Caswell, CIO of Royal London Ireland, who also praised the partnership. Royal London Ireland has been able to provide a strong offer to the market thanks to SSG Digital technology, and financial brokers have responded incredibly well. They have given us extremely excellent comments about the caliber of our technology and appreciate how easy and user-friendly the system is.
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