CHELTENHAM, UK – January 8, 2025 — iPipeline, a leading provider of comprehensive and integrated digital solutions for the life insurance, pensions, savings, and investment markets in the UK, has announced the latest enhancement to its best-in-class SSG Digital® platform, further powering provider innovation in the UK, Ireland, and beyond.
SSG Digital now offers advisers the opportunity to add multiple contribution types (regular premiums, single premiums, and transfer payments), whilst an integration with the SEPA (Single Euro Payments Area) payment system has simplified payments across the EU.
In 2022, Royal London Ireland became the first life insurer to launch a new pensions product in the Irish market for over 30 years, powered by iPipeline technology. The launch received rave reviews from advisers and the market alike, impressed with the innovative new products and the digital service capability of a leading protection and pensions provider in the Irish market.
The Dublin-based provider has now further enhanced its pensions proposition with the launch of two new products, Personal Retirement Savings Account (PRSA) and a PRSA with Additional Voluntary Contributions, which include unique product features. The new extended product range gives advisers greater flexibility and choices and are the first new pension products to launch using the enhanced SSG Digital.
Commenting on the launch, David Caswell, CIO of Royal London Ireland, said: “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.
The SSG Digital technology has enabled Royal London Ireland to deliver a compelling proposition to the market and the feedback from Financial Brokers has been phenomenal. They like how simple and user-friendly the system is and have provided very positive feedback to us regarding the quality of our technology.”
Ian Teague, UK Managing Director of iPipeline said: “I’m hugely proud of this latest additional functionality to SSG Digital. It not only highlights the flexibility of a platform equally at home powering pensions as it is powering protection providers, but it also shines a light on the dedication and expertise of the iPipeline team, who thrive working hand-in-hand with innovative, forward-thinking providers like Royal London Ireland. We’re delighted to be part of the positive story of a provider delivering true innovation in the Irish pensions market.”
