UK - Insurer Scottish Life has teamed up with software specialist Vebnet to provide a platform for small to medium-sized enterprises to access their pension schemes.
The new online software will offer scheme members access to their benefit statements, fund value as well as details of supplementary employee benefits, such as life insurance, dental care and creche facilities.
Vebnet chief executive Gerry O’Neil said the platform will open up a whole new world for small businesses.
He said: “There is no other service which gives such unprecedented access. It not only allows SMEs the chance to compete with the larger employers but will allow IFAs to provide the same service as the big boys.”
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.
Universities Superannuation Scheme (USS) members should be responsible for most of the cost of increased contributions if the scheme's defined benefit (DB) section remains open to accrual, Pensions Buzz respondents say.