Stakeholder plan linking five groups

Smith & Williamson is to launch an internet-based pensions exchange service which links to a range of pension providers offering products compliant with stakeholder pensions, writes Jenne Mannion Friends Provident and Scottish Widows have already signed up to the Smith & Williamson Interactive Pensions Exchange (SW-IPE). Access to a further four providers is expected by the end of 1999 Ian Hartnell, director of the pensions consultancy at Smith & Williamson, said SW-IPE offered a simple and low cost pension plan based on the Government's proposed stakeholder pensions He said: "The produc...