Standard Life has revealed it is working with the National Employment Savings Trust to integrate the scheme into its proposition to clients ahead of auto-enrolment.
A glut of private sector competitors to the National Employment Savings Trust could have a negative long-term impact on savers, an actuary warns.
Standard Life has launched a master trust arrangement as an extension of its trust-based bundled defined contribution offering with Pitmans Trustees as trustee.
The National Employment Savings Trust will allow employers to make scheme contributions using a debit card, a payment method most other providers shy away from.
Why are some employers still unprepared for 2012?
More than half of UK workers are totally unaware of sweeping pension reform coming into play next year, latest research shows.
Most large employers are still not properly prepared to meet the regulatory requirements of auto-enrolment, Standard Life research reveals.
UK - Standard life increased its corporate business assets under management by 7% to £39.3bn ($63.6bn) in the first six months of the year.
Standard life increased its corporate business assets under management by 7% to £39.3bn in the first six months of the year.
Heineken has closed its defined benefit scheme to future accrual and replaced it with a defined contribution arrangement.