Direct online access to pension details will reduce the costs of administering a stakeholder pension...
Direct online access to pension details will reduce the costs of administering a stakeholder pension and increase member interest in their pension, according to the Chambers Townsend Consultancy (CTC To enable this, CTC has developed an internet-based interface connecting IFAs, providers, administrators, employers and employees The system is aimed at product providers who would enable the system to be linked to its database and pension information. The internet sits in the middle as a communication channel for all parties, allowing each of them to make changes and keep up to date on the d...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes