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SimplyBiz bolsters in-house investment system to woo advisers

Compliance giant SimplyBiz says the success of its end-to-end investment system Centra has seen an influx of interest in its services from advisers. Speaking to Money Marketing, SimplyBiz Investment Services managing director Dan Russell says more than 300 firms have joined the group since Centra’s launch six months ago. Independent research from the Financial Technology […]

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Gregg McClymont: Give dashboard responsibility to the new guidance body

The government has stepped back from the pensions dashboard but the new single financial guidance body is the ideal candidate to take the baton. In a previous article, I questioned whether a pensions dashboard was likely to drive the high levels of individual engagement envisaged by its most ardent of supporters. The dashboard itself, which […]

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England vs Australia: pensions

Well, the cricket season is here, and England and Australia are stepping up to the wicket. Although we compete with each other in the sporting world, when it comes to pensions, Australia’s pension programme is held up as a model for our auto-enrolment initiative. Auto-enrolment was introduced because people weren’t saving enough into their pensions, and it is still early days but signs are positive. However, in Australia, saving into a pension is compulsory, and in fact employers are the ones who have to pay in. Employees in Australia can make additional contributions into their pensions, but they don’t have to. Should the onus be on the employer or employee to save? Well in the UK we think it’s both, but to get ‘adequate’ savings for retirement it’s the employee who has to pay more in.

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