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IFA Falcon Group expands

THE British Chamber of Commerce (BCC) which represents 126,000 firms from all business sectors, nationwide has agreed a stakeholder pension scheme with Prudential.

The scheme will be launched later this month and follows Prudential’s announcement in July that it had become the commercial partner for the TUC stakeholder pension scheme.

BCC director general Chris Humphries says: "It is our aim to make the Chamber stakeholder pension scheme a benchmark against which other schemes will be measured."

Prudential group chief executive Jonathan Bloomer says: "This is a significant step in our aim to be the nations leading provider of stakeholder pensions."

"We have a very compelling stakeholder proposition and our link up with both the BCC and the TUC gives us a strong foothold in the market."

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