Listen to our latest Pensions Conjecture debate on Corporate Wraps and Platforms.
Corporate wraps or platforms offer an alternative to traditional company pension schemes - offering employees a menu of savings products such as individual savings accounts (ISAs), funds and shares alongside sharesave schemes and more traditional pension schemes such as self-invested personal pensions (SIPPs) and group personal pensions (GPPs) - all integrated via one single online account.
These wraps or platforms can give employees greater flexibility around investment and pension products - allowing them to switch between tax wrappers as their needs change.
The Corporate Wraps and Platforms panel includes:
Paul Bucksey - Head of New Business Development, Friends Life
Jamie Jenkins - Head of Corporate Strategy & Propositions, Standard Life
Stephen Lefley - Head of Corporate Distribution, Zurich Corporate Pensions
Schemes were urged to see the post referendum environment as a “world of opportunity” by an investment panel at PBUK.
The Pensions Regulator (TPR) does not recognise success by how often it uses its anti-avoidance powers, says Lesley Titcomb.
Employers are being encouraged to use advancing technology to provide employees with more personalised and optimal benefits.
Record lows in gilt yields have pushed up the liabilities of UK defined benefit (DB) schemes to an all-time high of £2.3trn following Britain's decision to leave the EU.