Including: JAPAN - DC plans go mobile; UK - SEI appoints institutional client service director
Japanese defined contribution (DC) plan members will be able to use cell phones to alter their individual plan investments from next month. In Japan, cell phones are more widely used than computers to access the internet.
Over 2.6m Japanese workers have joined DC plans since they were first launched seven
UK - SEI appoints institutional client service director
Lucy Cooke has been appointed as a client service director on the UK Institutional Team at SEI, reporting to Nigel Down, European head of institutional client service.
Prior to joining SEI, Lucy was senior relationship manager at Northern Trust.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.