Another two or three well-known providers are expected to soon join the collaboration exercise just announced by Standard Life and Friends Provident in the area of wrap platforms.
James Purnell, Minister for Pensions Reform, has denied personal accounts will be operated on an uneven playing field, despite admitting the cost of preparing personal accounts will be borne by the taxpayer.
Friends Provident and Standard Life will collaborate to share legacy information about clients' existing investment and pensions business on their respective wrap platforms.
Britons have lost £31.65bn in wages through illness and injury, with an average loss of £5,320 per person, according to research from Standard Life.
Standard Life has entered into a single-tie arrangement with Summit Financial Services to provide life insurance to climbers in the Lake District.
Suggestions the government is contemplating a u-turn on the removal of restrictions relating to protected rights is incorrect, claims European Pensions Management.
The UK Platform Group has called on the Financial Services Authority to reform platform regulation and scrap the UK's "unique packaged product regime".
Winterthur has denied accusations of being inflammatory towards the Treasury over the issue of Alternatively Secured Pensions.
A decision into the possibility of removing the restrictions attached to protected rights has been delayed until the end of the end of the year, provoking concerns it could be the next government u-turn.
Winterthur Life has joined the attack against the government over tax changes to Alternatively Secured Pensions, although Standard Life has warned such outbursts may be counter-productive.