An automatic transfer system that moves employees’ assets with them is one of the options that will be considered in a consultation on small pots to be launched by the DWP later...
Independent research commissioned by Aviva shows that 83 per cent of corporate financial advisers are either ’fairly’ or ’very confident’ that they are ready to support employers through auto-enrolment in the coming...
Called ‘The People’s Pension’, the offering will include a bespoke online management tool to assist employers in meeting their regulatory obligations, with a UK based call centre and dedicated account managers and...
With less than 12 months to go until auto-enrolment gets under way, the knock-on effects of the policy initiative on other benefits was at the forefront of the mind of delegates at...
Around 1,900 Friends Life staff will be transferred to Diligentia under Tupe regulations. Friends says service agreements require call centres to remain in the UK for all its customers and intermediaries.The transfer...
Speaking at a GBST Wealth Management seminar on the implications of the retail distribution review, Vasilieff, whose company’s platform will be white-labelled for the Aegon corporate wrap, also said the FSA was...
Speaking at a launch event for Now: Pensions last week, Christopher Daykin said he fully backed the diversified growth strategy of the provider’s Danish parent ATP.Since launch Now: Pensions has become a...
The DB scheme, which has been closed to new members since 31 March 2003, will close to future accrual from March 2013. The link to final salary for calculating pension entitlement will...
THE QUESTION: Are cash incentives for transferring out of DB schemes right?THE ANSWERS:I believe people should be being offered enhancements to their transfer value within the pension wrapper rather than given cash...
Charges will be a combination of £1.50 per month for administration plus a 0.3 per cent annual product investment management charge. The provider says the difference between its charges and 1.5 per...
