Friends Provident has implemented an industry-wide open market option system in a bid to speed up the payment of transfers to annuity providers.
The system - called Options - was developed by e-commerce standards body Origo along with a group of pension and annuity providers and in conjunction with the Association of British Insurers. It has...
An analysis of IGC annual reports finds some lacking in information on value for money, costs and charges, and investment performance. James Phillips explores the findings
A new cost transparency solution is being developed for pension schemes by a financial services technology firm.
Supermarket giant Asda's plans to reform its pensions have been decried as "unfair, unreasonable and unnecessary" as the workers' union began talks with the employer.
The Pensions Administration Standards Association (PASA) has launched a checklist to help trustees with the rectification process for guaranteed minimum pensions (GMP).