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CGU may throw hat into ring for NPI

CGU is believed to have put itself forward as a bidder for beleaguered pension specialist NPI. The newly merged firm, previously General Accident and Commercial Union, admits it is on the expansion trail.


Other bidders interested in NPI are believed to be AMP, Swiss Life and Britannic. The successful bidder for NPI is expected by announced by the end of the year.

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PIA suspends Manchester-based Barclay Scott & Co

The PIA has issued an Intervention Notice against Barclay Scott & Co which will prohibit it from soliciting or conducting regulated investment business.The regulator says the firm may not be complying with its financial resources requirements and may not be able to meet the liabilities as they fall due.It says the firm has also failed […]

EFM offers children&#39s option on investment trust

Edinburgh Fund Managers is launching an investment trust savings plan with an option that allow parents to invest for their children.InvestIT has a &#39Saving for Children&#39 option which provides parents or grandparents with a flexible lump sum or monthly savings option to build a sum of money for the future.EFM says the option has lower […]

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Guide: day-to-day tasks ​— can your system manage?

This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. As well as highlighting what is required from a system to ensure it is up to the tasks, an overview of the following is also provided: data validation; data categorisation; employee communication; opt-in process; opt-out process; produce contribution schedule; contribution reconciliation process; upload of member data to pension provider; upload contribution to pension provider; manage salary sacrifice process; enrolment process; re-enrolment process; and management of increased employee queries.

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