Investors who lost money after the collapse and suspension of the Connaught Income Fund in 2012 have been told redress payments will start by 27 October. Investors tell Money Marketing that joint communication from administrators Duff & Phelps and the FCA outlines figures owed for individual cases and gives until 25 September for responses to queries. […]
MPs have asked the pensions technology firm Origo to update them on the progress an industry-only dashboard is making amid concerns the project may lose support. In a letter MP and pensions select committee chair Frank Field says the committee believes the pensions dashboard will be a vital tool for informing and engaging savers. But he […]
Advice and wealth management trade body Pimfa has bolstered its board with three new members. The hires come just over a year since legacy campaign groups Apfa and the WMA merged. The three new appointments come from a range of asset management backgrounds, as Heartwood Wealth Management chief executive Tracey Davidson, Ruffer chief financial officer […]
Zurich has launched a new life protection platform giving clients more flexibility on policies and making it easier for the company to develop new products. The company said its old platform was actually six systems working together which was less efficient and made it more expensive to innovate. According to market management head Peter Hamilton […]
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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