UK - Cable and Wireless Guernsey has appointed Lane Clark and Peacock (LCP) DC Link to administer its new DC pension scheme.
Cable and Wireless Guernsey is one of the first funds to adopt LCP’s DCisive investment model, which is available on the LCP DC Link platform.
The model aims to deliver greater security for the investments of scheme members through a new dynamic approach towards lifestyle investing.
LCP DC Link provides a fully online pension administration service to the Cable and Wireless scheme.
Alan Mowat, COO, LCP DC Link, said: “The offshorepensions market is developing rapidly and we have responded by enhancing our systems to be fully compliant with the regulatory environment. We are pleased that Cable and Wireless has recognised our commitment to this market and has joined our growing portfolio of offshore clients.”
Stan Fitzgerald, pensions scheme trustee, Cable and Wireless Guernsey, added: “As this is a brand new scheme, we are looking to offer our members a differentiated approach to saving for their future. DCisive gives additional peace of mind over other scheme offerings, and combined with LCP DC Link’s tailor-made service, we are confident that this scheme will prove a popular choice for Cable and Wireless employees.”
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