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
This week's top stories included analysis suggesting the British Steel Pension Scheme could have a £2bn surplus, while the Treasury removed its controversial MPAA cut from the Finance Bill.
Members of master trusts will see greater protection as new rules for an authorisation regime and capital adequacy have been signed into law.
Royal Mail has offered its employees a cash balance defined benefit (DB) scheme as a compromise for closing its current career average DB scheme to accrual.
The question of the state pension age will not be answered before the snap general election, the Department for Work and Pensions (DWP) has told PP.