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.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.