UK - Web portal services provider The Exchange has processed over 100,000 new business transactions for IFAs via its Exweb product.
This is the first time transaction figures have been released for Exweb, which is attempting to increase the volume of electronic new business in the market place.
The Exchange gives IFAs access to 77 electronic application forms from a total of 12 product providers covering term assurance, income protection, critical illness, bonds and pensions.
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.