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CIS puts £3m into admin

CIS is investing £3m in a stakeholder admin system from Marlborough Stirling.

Marlborough, which specialises in software and services to the mortgage, life, pension and investment market sectors, has been working with CIS for 10 months on implementing the system.

Marlborough&#39s systems allow CIS to provide stakeholder pensions via multiple channels. CIS&#39s direct salesforce of 4,500 can process pensions on laptop computers while its website takes online applications.

Pension queries and applications can also be processed through CIS&#39s call centre.

Life and pension new business administration manager Steve Fox says: “Our entry into the group pension and stakeholder markets is part of our long-term growth and expansion plans. But this can only be achieved and sustained by responding quickly both to the evolving demands of our customers and changing legislation.”

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