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HSBC preferred stakeholder supplier to shops association

HSBC has been chosen by the British Shops and Stores Association as its preferred supplier of stakeholder pensions when they are launched next April.

BSSA has 3,200 members ranging from small family-run businesses to well known chain stores. They will now be able to offer HSBC&#39s stakeholder pension to 60,000 employees. HSBC will appoint a dedicated relationship manger to help members set up and run the scheme.

HSBC life, health and pensions head Harpal Karlcut says: “Competition for BSSA&#39s business was stiff and so we new we had to build a stakeholder package tailored specifically to their requirements.”


Best advice?

Further to the recent correspondence regarding polarisation and multi-ties, the problem lies in the stakeholder decision trees. If a person needs further help because they already have a pension arrangement and want to review their position or because their circumstances do not seem to fit the tree or because they wish to obtain advice which […]

Close Plays FTSE

Dilke-Wing says: “The main useful features and strong points of the product are that it provides access to a selected sector of stocks that is not available in a directly comparable form in any other packaged product. The Pep transfer option is also very useful.”Bloom says: “It covers indexation of very immature European technology stocks. […]

Growth fund Chases choosy investors

Considering the drawbacks of the fund, Both says: “It has jumped on the style bandwagon, which means the fund&#39s aims are so non-specific that it is impossible to establish what the benchmarks really are and thus how it is doing. Picking the Standard & Poor&#39s 500 growth index, but saying that the objectives will change […]

M&G and Schroders in link up

M&G and Schroders are teaming up for the first time when they take to the road for their 2001 IFA winter roadshows starting in February. The move follows a res ponse to questionnaires at previous roadshows, where IFAs have stated that dem ands on their time make it difficult to attend the huge number of […]

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Guide: Johnson Fleming’s managed auto-enrolment service for SMEs

Johnson Fleming has launched its new managed auto-enrolment service, designed to support SME businesses of up to 250 employees. The managed auto-enrolment service is not just about providing businesses with a software system for them to manage themselves, but more about outsourcing the administration of the project and scheme to Johnson Fleming’s auto-enrolment staff.


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