Scottish Widows has introduced the ability for workplace pension customers to access ready-made investments via its app, in an effort to make investing easier for savers.

Designed to make it easier to start investing, the product offers three easy-to-understand investment options based on risk appetite.

Those looking to open an account will also be guided through educational content step-by-step, in order to help them understand how RMI works alongside their existing workplace pension, and any other savings products they may hold.

This follows the recent launch of the ‘insure’ capability, which allows members to link their existing home and car insurance in order to help them to connect and engage more with their finances.

Both of these launches are part of Scottish Widows' plans to "supercharge" its digital engagement, in a bid to help more people connect with their pensions and close the protection gap.

Scottish Widows managing director, workplace and intermediary wealth, Graeme Bold, said: “Investing doesn’t need to be complicated and our product helps employees get more from their savings and supports them to invest towards their future goals, while leaving them in control of the amount of risk they want to take.

“We’re always looking at ways to make it easier for our customers to be more financially resilient.

"Seeing their wider finances - retirement savings, insurance products, and now investing - all in one place helps them be more aware of what they have and spot any gaps they need to fill."

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