FTRC is launching a data and insights information site for advisers, employers and providers’ in the workplace pensions, risk, benefits and wellness markets.
The site, BenefitsGuru.co.uk, uses technology and data to provide information and analysis to help advisers, HR, finance and pensions professionals make informed decisions when assessing their priorities and comparing suppliers.
The launch follows the growth of FTRC’s ProtectionGuru.co.uk information hub for advisers and providers in the protection life insurance market.
Benefits Guru includes analysis of over 10,000 data points on the products and services of different workplace pensions providers and gives users access to comparative information on aspects of the workplace pensions market.
Benefits Guru will also host FTRC’s annual workplace pension provider and auto-enrolment ratings, with this year’s ratings available on 11 September.
Benefits Guru will also include a new API-driven, workplace pension comparison tool – Benefits Guru Pro – free for employers and advisers to use, enabling them to compare their current pension provider against others in the market.
Similar benchmarking tools will be launched for the wellbeing market, covering physical, mental, and financial wellbeing and a wide range of other benefits including group risk.
Amanda Wilson, director of The Right Mortgage and Protection network says: “Protection Guru is the best impartial protection source of information I personally have ever come across in all my years of being a protection adviser. The FTRC team launching Benefits Guru is great news for employers, their employees and advisers. If they can deliver to the benefits market what they have achieved in protection this service should transform the market.”
Jason Green, head of workplace research at FTRC and Benefits Guru says: “Historically it has been hard if not impossible for advisers, employers and providers to access detailed, comparative analysis of workplace pension providers. But Benefits Guru, as a powerful analytical tool, aims to make the workplace pension market more transparent through the use of extensive data and information driven by fact, which enables all players in the workplace market to make informed decisions when it comes to employee benefits.”
Ian McKenna, director and founder of FTRC says: “FTRC has been combining financial analysis and the power of technology to deliver analysis on products and services for 25 years. As part of this, we have been analysing workplace pensions for nearly 20 years. We are using our experience and expertise in Benefits Guru to make analysis and insight readily available to advisers and employers of all shapes and sizes in the workplace pensions market.”