Internet is changing pensions market

Professional Adviser
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All of the major providers have now invested considerable resources in developing their own internet capability

Lastminute.com is offering stakeholder purchase online for those looking to beat the forthcoming 8 October deadline for employers to have a scheme in place. It has teamed up with The Independent Stakeholder Company (Tisco), a provider of comparative information on pensions. It in turn has linked up with stakeholder.com which allows users to purchase a pension online. Chris Dixon, managing director of Stakeholder.com, argues that while providers have put huge resources into creating websites, they often missed important details. He said: 'With our site you can designate a provider wit...

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