TISA

Labour will continue to push through developments on an automatic pension transfer system if it wins the next general election, it has been confirmed.

The Personal Finance Society (PFS) and Tax Incentivised Savings Association (TISA) are consulting on a protocol designed to provide clarity surrounding the treatment of client relationships between a firm and individual advisers.

Will product developments leave re-registration progress standing?

Retail savings and investment industry body TISA has endorsed the government's plans to allow holders of child trust funds (CTF) to transfer their funds to ISAs upon maturity, outside of the normal annual subscription limits.

DIGITAL

The investment industry is inefficient and in need of a radical overhaul if it wants to meet the needs of an under-served consumer base, Financial Conduct Authority (FCA) board member Mick McAteer has warned.

Pension transfers should take no longer than six working days, according to the the Tax Incentivised Savings Association (TISA) which is set to launch a service facilitating quicker switches.

The Tax Incentivised Savings Association (TISA) is launching an industry-wide project aimed at transitioning consumers from a "culture of debt to one of savings".

RE-REG

Aviva and Zurich have both selected eCommerce standards and services body Origo to provide their automatic re-registration services.