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Ethical defends its financial position

Ethical Mortgage Solutions chief executive Steve Royal says the firm is financially secure but admits to a slow period after M-Day which has led to restructuring, cost-cutting and some redundancies. Mortgage Next, which provides regulatory services to the group, says it will continue to give regulatory support to the ARs whatever Ethical’s position.

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Survey looks at the challenges facing businesses post auto-enrolment

A survey conducted by Johnson Fleming at the Pension & Benefits Show 2014 highlighted the key challenges faced within organisations post auto-enrolment. The results showed that communicating the changes and the value of them to staff, and receiving timely data from the payroll provider proved to still be the most challenging aspects of managing an auto-enrolment scheme.

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