UK - Friends Provident has launched a new commission enquiry service that allows IFAs to conduct business and access their clients' policies online.
The service also allows IFAs to calculate their commission on policies. Friends Provident director of marketing Graham Harvey said: “Our objective is to provide a service that is not only fast and efficient but makes life easier for the IFA.”
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers