Digital Statement Hub
About Digital Statement Hub
You must be aware about the new rules which recently came into effect on October 1, 2022, to streamline yearly pension benefit statements and make them more consumer focused. Here at CTC, we have worked hard to build a solution to help you abide by the new regulation- our goal is to make you stress-free helping you focus on tasks with higher priority. Join many organisations that trusted us to take care of helping them abide by the regulations while upscaling their businesses today.
Highlights from the document
How much money a member has in their pension plan and what has been saved in the statement year
How much money they can have when they retire
What they can do to give themselves more money at retirement
What members should be informed about
Member and pension scheme details
How much money does member already have in their pension plan
How much money can members have when they retire
What members could do to give themselves more money
Members should be able to find out more about their pension plans and how they can use their money
With CTC’s Digital Statement Hub, not only will you be covered with the new regulations introduced, but you will also benefit from our technology being dashboard ready.
Being dashboard ready means that providers are able to have their members' pensions all in one place. This would be a similar concept to open banking, but for pensions.
Is Digital Statement Hub for you?
The solution is for you if you are a Pension Administrator and are required by the new regulation to provide your customers with Simpler Statements.
Our Digital Statement Hub allows you to create your new template, in line with both your marketing guidelines and the regulations. As experts in illustrations, projections, and statements we take away all the hassle, as well as future-proofing your offering. Our product is also dashboard ready meaning that by providing us with your statement information we are already able to meet all your requirements for the pension’s dashboard.
Main features
Simple upload
Digital statement
Statement hub
Personalised video
Employer’s Digital Statement Hub
The only platform employers require to upload files for employees to view.
Create a category (employers may create as many categories as required)
Download the template where inputs are already set up
Upload the filled document back into CTC’s Digital Statement Hub
CTC will produce the statements
Should employers take our Personalised Video module, statements may be produced into a video format to make it more engaging
Statistics for each category may be viewed from the dashboard
Employee’s Digital Statement Hub
Once employers shared information via our Employer’s Digital Statement Hub, employees are able to view their statements from their Employees Digital Statement Hub
Should employers have a Personalised Video Campaign module added, videos will be generated based on the information from the statement and employees should be able to view the video from their Digital Statement Hub
Employees may benefit from CTC’s simple planning tool, where they are able to calculate how much they’d like to contribute to understanding how much they will have when they retire
Should employees wish to increase or decrease their contribution amount, they may send through a request directly from their Digital Statement Hub
Need more reasons to choose Digital Statement Hub today?
Our technology always has our end user in mind; to help our clients help their clients and be able to offer their clients a better user experience when it comes to pensions. Although pensions may be a complicated topic, we’re here to simplify it and make it simple for everyone involved.
Book a call with us today to chat about making your life in pensions easy.
Modules in Digital Statement Hub
Simpler Statements
Helping your organisation automatically generate simpler statements without having to put the content together manually and it will be in your branding.
Personalised video campaign (optional)
Statements may be generated in the form of an interactive video for your members to interact with.
Pension contribution planner
Allowing customers to see if they are saving enough for their retirement to achieve their desired retirement income. Users will have the option to adjust changes to achieve their goals.
Hosting
Saving the cost and hassle of hosting applications, CTC typically provide its applications under a SaaS model. We are however equally comfortable supporting an on-premises deployment.
