James Hay wins Prudential Ssas business

Professional Adviser
clock

James Hay Pension Trustees has been awarded the outsourcing contract of Prudential's Small Self-Admi...

James Hay Pension Trustees has been awarded the outsourcing contract of Prudential's Small Self-Administered Scheme (Ssas) portfolio. James Hay will provide full actuarial and administration services to more than 520 Ssas's for Prudential and ensure that Prudential Nominees Limited's responsibilities as pensioner trustee are fulfilled. Prudential said its decision to outsource its Ssas administration was due to escalating costs brought about by the increasing regulation of the market.

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

Join

 

Already a Professional Adviser member?

Login

More on Pensions

'Understandable' people are pensions dashboard 'sceptics'

'Understandable' people are pensions dashboard 'sceptics'

Industry experts say there will always be a role for dashboards

Holly Roach
clock 03 May 2024 • 1 min read
Big difference: Ways to tackle the growing pensions gender gap

Big difference: Ways to tackle the growing pensions gender gap

'Of course, for single women, the pension gender gap absolutely matters'

Lisa Webster
clock 03 May 2024 • 3 min read
Boring Money and Wealth Wizards link to plug advice gap

Boring Money and Wealth Wizards link to plug advice gap

Strategic partnership to improve access to financial advice

Jenna Brown
clock 01 May 2024 • 2 min read