UK - A quarter of product providers expect to conduct up to 40% of their business electronically within the next year, a new survey shows.
The study of leading insurance companies conducted by Focus Solutions found 82% of respondents expected to operate at least three web-based sales channels.
Focus Solutions said this showed a dramatic push towards greater use of electronic trading systems within the UK financial services industry.
The company said product providers were starting to appreciate the cost and time savings of taking a “multi-channel” approach.
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?