ScotEq admin plan brings compulsion closer

Professional Adviser
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Scottish Equitable has unveiled a new processing idea which is one step closer to compulsory pension...

Scottish Equitable has unveiled a new processing idea which is one step closer to compulsory pensions, because it allows employers to sign employees up to their group personal pension and group stakeholder schemes on their behalf. New administration and application features do not mean the employer can sign its employees to the pension scheme without their permission, however, changes to its processing are part of Scottish Equitable's drive to encourage compulsory pensions take-up. Under the new system, an employer can sign members up to the company group pension plan providing th...

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