Virgin Money have launched a new Pension capability to their FNZ powered platform.
In April 2023, FNZ and Virgin Money partnered to deliver a digital solution aimed at making investments more accessible, straightforward, and transparent for UK retail investors.
Together, they delivered an integrated online experience and mobile app that set a new standard for digital investing, with a range of investment funds to choose from, within an ISA or GIA.
They have now added a Pension product designed with simplicity in mind to give customers the confidence to make good decisions when it comes to managing their money.
The new pension, which includes two straightforward choices – Navigator and Self Drive – helps customers take control of their future and grow their money for a brighter retirement.
London, 20 December 2023: Virgin Money has announced the launch of a new pension offering, enhancing its digital platform and further extending its partnership with FNZ.
The innovative digital investment solution was initially launched in April 2023, and aimed to make investments more accessible, straightforward and transparent for UK retail investors.
The direct-to-consumer (D2C) platform provides both first time and experienced investors with direct access to a range of investment funds to choose from, within an ISA or GIA. Everything is managed online and via a dedicated app, ensuring a seamless digital experience, all underpinned by FNZ’s market-leading technology.
The latest pension enhancement now introduces two distinct options – Navigator and Self Drive –helping customers take control of their future and grow their money for a brighter retirement.
The pension has been designed with simplicity in mind to give customers the confidence to make good decisions when it comes to managing their money.
Virgin Money is also helping customers combine existing pensions into one. In just a few simple steps, customers can transfer existing pensions into their Virgin Money pension, meaning they can gain a much clearer view of what their overall retirement income could look like and manage this all-in-one place.
Jonathan Byrne, Chief Executive Officer at Virgin Money Investments, said: “We’re delighted to have launched a new pension proposition - giving customers the confidence to plan for a brighter retirement and feel in control of their money. Planning for the future should feel straightforward. That's why we’ve designed our new pension to simplify the path to financial security.”
After a comprehensive selection process, Virgin Money selected FNZ as its partner. This was due to their state-of-the-art technology. Proven excellence in delivering market-leading direct-to-consumer propositions. A track record of complex platform implementations. And their ability to deliver innovative end-to-end digital experiences across multiple channels.
Alastair Conway, FNZ Chief Executive Officer, UK, Middle East and Africa, added: