Nutmeg accuses pension providers of 'dragging feet' on data sharing

Speaking at a roundtable event hosted by Blackrock, Port (pictured) said he "would love" to see banks, fund providers and, in particular, pension providers open up their data. iShares head of UK wealth and retail sales Joe Parkin, who was also on the panel, asked who Port would rather see open up its data - retail banks or pension providers - to which he replied: "With a high street bank, you've invested in a cash ISA the last five years and, if you transferred to Nutmeg, it will send us five separate cheques. One for each year." He added, however: "A pension provider will drag their fee...