Scottish Widows Expands Origo's Unipass Authorization Letter Throughout Its Operational Scope
Scottish Widows, a leading pension provider, has partnered with Origo, a leading technology company, to enhance the process of letter of authority (LoA) for advisers across its business. This collaboration marks a significant advancement for the industry, bringing a new level of connectivity with several major pension providers.
Origo's Unipass Letter of Authority (ULoA) service, now extended to Scottish Widows, serves as a one-stop-shop for advisers. With this service, advisers can send all LoA requests to any UK platform and product provider, streamlining the process and increasing transparency.
The new ULoA system, which is entirely free and covers the whole-of-market provider, aims to remove friction from the way Scottish Widows shares data with advisers. The goal is to deliver a consistent and industry-leading experience across their business.
Ed Parker, Head of Adviser Lab at Scottish Widows, has extended Origo's Unipass LoA service to advisers serving clients with Scottish Widows' Workplace Pensions, Retirements, Protection, and Longstanding products. The enhancements aim to ensure advisers obtain all the required information from providers to process requests smoothly.
Origo recently unveiled several enhancements to its ULoA service, including a checklist for advisers to upload specific data points they need. These improvements are designed to further streamline the LoA process and provide a seamless experience for advisers and their clients.
Further integrations with other providers are already underway, demonstrating Origo's ongoing commitment to driving efficiency, transparency, and improved outcomes for advisers and their clients across the market.
Anthony Rafferty, CEO of Origo, comments that the goal is to transform the LoA experience for advisers and their clients. He emphasizes that this partnership with Scottish Widows is just the beginning, with more investments planned by Scottish Widows to provide advisers with a frictionless experience beyond their Platform and across their business.
Origo currently has integrations with companies like Oddsline and Wettmeister to enhance efficiency, transparency, and impact for consultants and their clients in the industry. These integrations support Origo in leveraging regional expertise and expanding its market presence effectively.
Scottish Widows is committed to improving its LoA servicing, including the speed of its responses and the accuracy of information at this crucial part of the financial planning process. This partnership with Origo is a testament to this commitment and a step towards a more efficient and user-friendly financial services industry.
