Towers Watson launches defined contribution pension app

Track My Pension, which is available to all UK workplace pension schemes administered by Towers Watson, allows employees to view their current fund value, projected benefits, latest transactions, and the performance of their funds.

The app is available on iPhones and iPads. A version for Android smartphones will be launched as well.

Steve Kortens, senior consultant at Towers Watson, said: “As pension decision-making is increasingly being placed in the hands of the individual, it makes sense for members to have key pieces of information about their retirement savings at their fingertips.

“The Track My Pension app delivers just the relevant information a member requires on a real-time and personal basis. As such, we hope it will not only help make members’ lives easier and improve their decision-making, but also encourage greater engagement and participation in pensions.”

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