UK - A new software system designed to improve the sales and service process for IFAs has been launched by Sirius Financial Systems and Prudential.
The service – which is available to IFAs using the Swift 2001 system – will enable users to transmit quotation requests directly to Prudential without having to ring a call centre or visit a third party portal.
IFAs will receive both a compliant quote and the associated paperwork.
The Department for Work and Pensions (DWP) will develop and test new ways to include 4.8 million self-employed workers in pension savings.
Opt-out rates at the end of June 2018 "remained consistent" with levels before the April contribution rate increase, according the Department for Work and Pensions (DWP).
The Pensions Regulator (TPR) has appointed Charles Counsell as its new chief executive, who will take over from Lesley Titcomb next year.
The Financial Reporting Council (FRC) should be abolished and audit and advisory businesses should be split into separate entities to improve the sector for both savers and investors, two reports published today say.