UK - A portal that allows IFAs to give clients up-to-the-minute investment positions is being offered by software provider WMS Fairs.
The one-stop integration portal is capable of linking into any major provider database.
WMS Fairs managing director Gary Sawyer said: “Through working closely with IFAs, WMS Fairs has become increasingly aware of their desire to be able to link directly into product provider databases so they can provide their valued clients with up-to-the-minute investment positions in seconds rather than hours.”
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".