Aegon has announced new features for its client reporting tool as it seeks to enhance the capabilities accessible to financial advisers.

The financial services provider is marking the first anniversary of its ‘product reporting’ tool by announcing upgrades aimed at enhancing adviser processes and facilitating client interactions within the Aegon Retirement Choices (ARC) and One Retirement platforms.

Over the past year, 12 new enhancements have been delivered by Aegon’s product reporting, providing advisers with analytics and customisation options.

To further support advisers adapting to a volatile market environment and diverse client needs, Aegon has announced additional capabilities that are tailored to meet their evolving requirements.

It has implemented money- and time-weighted return metrics that aim to enable advisers to gain a greater understanding of product performance, client report personalisation, and an investment breakdown section that offers insights into the funds and models that clients are invested in.

Aegon highlighted its report with NextWealth, which showed the importance of tracking the right metrics to surface insights on existing clients.

It found that high-performing firms are data-centric, using it to refine processes, empower teams, and build long-term, scalable value.

"We recognise how critical it is for our platform to align with what advisers are looking for in today’s ever-changing environment,” commented Aegon managing director – adviser platform, Stephen Crosbie.

“This understanding drives our efforts, and celebrating one year of ‘product reporting’ highlights our commitment to adapting to market dynamics while meeting adviser needs, as reflected in our recent findings with NextWealth.

“Our ongoing enhancements are a clear testament to Aegon’s pursuit of excellence. We’re focused on continuously improving our platform, not just for efficiency, but also to empower advisers to engage in insightful, personalised conversations with their clients.

“These meaningful interactions are essential in helping them meet Consumer Duty expectations, which are increasingly vital in today’s complex financial landscape.”

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