UK - Independent financial adviser Alan Steel Asset Management is adding e-commerce technologies to its back-office systems through software provider Fairs.
Alan Steel has been a client of Fairs – which is part of Wealth Management Software – for the past five years.
Alan Steel will use Fairs-Online, which transfers product provider data directly into the existing Fairs Manager back-office database.
Fairs claims the system cuts the need for IFAs to spend time on the phone to providers requesting up-to-date unit positions and values.
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.