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L&G launches online tracking for GPPs

Legal & General is launching an online internet tracking service for group personal pensions giving employers instant access to policy details.


The system, which is being developed ahead of the launch of stakeholder pensions, gives employers access to member details, pension fund values and estimated benefits at retirement.

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Family seeks pensions role with search for benefit and fund management firms

Family Assurance Friendly Society is in talks to buy an employee benefits firm and a fund manager in deals worth £20m.Family is aiming to move into the employee benefits and private medical insurance markets through the deals.The friendly society is courting a firm that specialises in managing group personal pensions and an employee benefits firm. […]

Interactive Markets

Interactive Markets is developing the UK&#39s first smart card-based internet financial service for IFAs and fund managers.The technology company says the smart card project will enable IFA&#39s and fund managers to access Interactive Markets&#39 investment services over the internet in a totally secure environment.The smart card project trial will be run among a sample group […]

HSBC AM unveils income version of capital protected Pep

HSBC Asset Management is adding a new income Pep to its capital protected range in a bid to provide an alternative to corporate bond Peps.The HSBC Capital Protected Income Pep is capital protected regardless of stock market performance and aims to generate 7.5 per cent a year over a five year term.Investors can utilise both […]

Canada Life new business up by 76 per cent in Q3

Canada Life saw new business increase by 76 per cent in the nine months to the end of September.The life office says it is now conducting 62 per cent of its new business in the UK through IFAs.Excluding Pep&#39s and unit trusts IFA business has soared to 75 per cent mainly due to the increased […]

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