UK - IFA firm Millfield Partnership has installed an "industrial strength" software product that will allow it to continue growing at a rate of 50% a year.
The group, which evaluates IFA systems supplied by international software giants, says the Swift product produced by Sirius Financial Systems will boost productivity in all areas of its business.
It will be used to support the firm’s campaign management, lead identification and monitoring, new business submission, compliance management and workflow. It will be used by up to 1200 users.
IT director Laurence Nesbitt said: “This will give us the infrastructure to achieve major productivity and efficiency gains. Swift met our requirements for a robust, resilient and extremely flexible IT platform.”
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.