UK - IT firm Damovo has appointed Goddard Perry Consulting (GPC) to launch and service its new Group Personal Pension (GPP) plan.
GPC managing director Steve Goddard said it was "vital" the pensions industry provided an alternative to NEST if it was to avoid dumbing down pensions, and a GPP scheme was an effective solution.
He added: "The Group Personal Pension market continues to be a key area for us and one in which we are seeing a great deal of growth and opportunity, especially work-place advice. With NEST around the corner, organisations are beginning to look more closely at the arrangements they provide their staff and the IFA community can help."
PP has analysed the accounts of the biggest pension consulting firms and recorded the turnover (revenue) in their most recent accounts. The full leaderboard is below…
UK defined benefit (DB) schemes have increasingly undertaken benefit reviews over the last four years resulting in an acceleration of scheme closures, Aon research finds.
Contributions are no longer sufficient to meet regular payments for three-quarters of small- to medium- sized defined benefit (DB) schemes, Buck analysis finds.