Pensions
The pension sector is undergoing profound digitalization and change, driven by new legislation and evolving social expectations. Together, we help ensure your organization is agile, efficient, and ready for the future.
Future-proof pensions: ready for change
The digital transformation is not just a prerequisite for a careful, reliable, and efficient transition to the new pension system; it is also essential for operating flexibly and cost-effectively in today’s rapidly changing society. Digital innovation enables pension providers to offer participants personalized insights and guidance in their choices. Without strong digital capabilities, pension funds and insurers cannot meet the obligations and expectations set by industry regulators and the government.
The pension sector throughout Europe is undergoing significant transformation. Major changes are driven by ongoing demographic shifts, increasing labor mobility, and a growing need for flexibility. Pension systems are being reformed: traditional collective guarantees are giving way to defined contribution schemes, placing the individual at the center and increasing personal responsibility for retirement planning.
Digital strength is crucial for the future viability of pension funds, administrators, and insurers
The transition to the new pension system is underway, shifting from fixed benefits to individual pension assets. The elimination of the average contribution system ensures fairer and more transparent pension accrual for both younger and older employees, while putting greater emphasis on freedom of choice and insights. Digitalization and innovation are already part of daily practice: participants expect real-time information, digital self-service, and personalized communication and decision guidance.
Moreover, there is a growing national and international focus on themes such as sustainability, inclusivity, and flexible pension accrual that is independent of contract type or career path. Pension funds, insurers, and other providers are already facing the challenge of adapting their data quality, IT systems, and services to meet these evolving demands.
«The future of pensions demands innovation, agility, and digital strength – together, we are building a sector ready for tomorrow.»
How we support your organization
We help and advise pension providers in developing digital strategies and leveraging data to optimize processes and meet client needs.
Quality assurance – the Wtp monitor
Pension funds, administrators, and insurers face the challenge of successfully implementing the Future of Pensions Act (Wtp). Beyond regulatory changes, this transition requires significant adjustments to systems and processes. Eraneos provides control and confidence by supporting organizations with in-depth expertise in pension systems, process optimization, and risk management.
The Eraneos knowledge assistant
Our AI services enable a successful transformation, empowering your teams with AI-driven support. We focus on efficiency in workflows, the quality of AI applications, and ensuring seamless compliance with existing regulations.
Organizational change driven by the digital pension transformation
With the rapid pace of market developments, financial organizations must continuously adapt. To remain agile and keep the client at the center, you need to rethink your ways of working. The digital transformation and the Future of Pensions Act are bringing major changes to products, processes, and IT. This calls for an organization that is fully aligned with these new realities.
Cost optimization
We help you make strategic decisions on sourcing business processes, IT, and procurement organizations. By addressing areas such as BPO, ITO, sourcing, and procurement, we enable you to optimize costs and improve efficiency.
Secure and modern IT
We help you address today’s IT challenges, from automation, data, analytics, and process mining to low-code platforms, cloud, and DORA. In addition, we assess cybersecurity risks and strengthen your digital resilience with zero-trust architectures and advanced security solutions.
Redesigning and enabling exceptional experiences
The experience of your services and how people feel throughout the process are crucial. Yet, for most pension providers, there is still room for improvement in this area. We help you identify unmet needs and intentions, enabling more enjoyable interactions with your participants.
Results with lasting impact
Your organization’s needs continually evolve. We are here to support you—whether you focus on efficiency, time-to-market, or creating optimal experiences. Read our client stories.
Explore all cases