UK - Pensions providers Scottish Equitable, Skandia UK and Standard Life have signed up to Focus Solutions' electronic product development service.
Standard Life and Skandia have both signed up for the customer management solutions company’s 3D service, which covers design, development and deployment of intelligent electronic application platforms.
Scottish Equitable will use the “development” element of the service to enhance its electronic applications for its protection, pensions and bond products.
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).