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iFAST Financial won the gold trophy at 2015’s Vendors of the Year (VOTY) awards in Singapore, in the coveted category of Best Retirement and Pension Plan Providers in the region.
Great Eastern Life Assurance took home the silver in this category, while bronze wnet to Aon Hewitt Singapore.
A key element of gold-winner iFAST Financial’s administration process is its user-friendly platform and online tools, which make it easier to manage and access accounts and information.
The Vendors of the Year awards, organised by Human Resources magazine, is a long-running annual vendor rankings report that recognises the best solution providers in Asia – starting out in Singapore, and this year extended to Malaysia and Hong Kong.
In the tenth year of the VOTY research, all winners were determined on a two-tier selection process. First, the finalists were identified through an extensive online survey of HR managers in Asia on their preferences.
These finalists then submitted documentation to verify their credentials, which was validated by a panel of more than 50 HR leaders from some of the region’s largest employers.
In effect, for every category, the very end users of such services were the ones who made the critical decision of selecting the best.
Best retirement and pension plan providers in Singapore
Gold iFAST Financial
Silver Great Eastern Life Assurance
Bronze Aon Hewitt Singapore
In 2012, silver winner Great Eastern Life Assurance refreshed its brand purpose to go beyond the traditional role of an insurance company, in order to actively help customers live healthier, better and longer.
This was supported by an integrated health and wellness “live great” programme, which provides wellness tools, mobile apps, health tips, workshops and events as well as exclusive privileges.
Assigning a delegated pension manager to each client, bronze winner Aon Hewitt Singapore ensures its consultants help integrate the client’s entire pension programmes.
These managers execute key investment, actuarial and administrative responsibilities and communicate transparently with clients.
To read the full digital special edition Vendors of the Year magazine, click here.