How blockchain can bring real-world benefits to pensions

But how many firms will use it to their advantage?

clock • 7 min read

Adrian Boulding and Ihab El-Saie together investigate some of the potential benefits of distributed ledger technology, often called blockchain, in the pensions world...

You cannot live and breathe digital transformation in the pension and investments market as we do without exploring the potential merits of distributed ledger technology (DLT). DLT (or blockchain for some) is now an undeniable enabler of swifter and potentially more secure digital trading and record keeping and more. The ‘distributed' nature of transaction records, and the fact that the data is secured using sophisticated cryptography within the blockchain, assures this. ‘Tokenising' of assets In the asset management world, managers are already using DLT as the infrastructure on whi...

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

Pensions campaigner and former WPC chair Frank Field dies aged 81

Pensions campaigner and former WPC chair Frank Field dies aged 81

Field was a former Work and Pensions Committee chair and a welfare champion

Professional Pensions
clock 24 April 2024 • 5 min read
Crucial advice issue: Death benefits detail advisers need to know

Crucial advice issue: Death benefits detail advisers need to know

Important differences from previous regime

Andrew Tully
clock 05 April 2024 • 4 min read
British Steel a stark reminder of obligations around client files

British Steel a stark reminder of obligations around client files

Lawyer Philippa Hann reflects on her work around the pensions case

Hope Coumbe
clock 27 March 2024 • 2 min read