Scottish Widows is set to enhance its corporate pensions package to give employers the chance to create more tailored schemes.
The provider will introduce a salary exchange tool which enables schemes to give specific bulk calculations allowing advisers and employers to demonstrate the National Insurance contribution savings made...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.