Friends Prov to launch corporate wrap in 2010

Katrina Lloyd
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Friends Provident has signed a contract with technology provider FNZ to provide an enhanced workplace platform to be delivered during 2010.

Through the new technology, employers will be able to integrate benefit packages for their employees to include pension and non-pension products such as a corporate ISA. Central to the new solutions will be an online trading facility that will enable funds to be transferred between different investment vehicles. Using this infrastructure, Friends Provident will deliver an investment platform for institutional clients, such as pension fund trustees, as well as an enhanced Group SIPP and a corporate ISA. The platform will also contain advanced member engagement and financial education too...

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