Corporate Adviser

4 days ago | corporate-adviser.com | John Greenwood

Scottish Widows, Fidelity and Hargreaves Lansdown have not joined 17 other major providers in signing up to the Mansion House Accord today. The Mansion House Accord sees major providers and schemes express their intent to invest at least 10 per cent of their DC default funds in private markets by 2030, with half of that allocated to the UK. All three providers are absent from the list of provider signatories published in the joint statement from the government, ABI and PLSA.

4 days ago | corporate-adviser.com | John Greenwood

DC savers can expect to see 5 per cent of their fund channelled into UK private market investments under a voluntary agreement between 17 providers and the City of London Corporation that has been driven by HM Treasury. Dubbed the ‘Mansion House Accord’, the agreement sees major providers and schemes express their intent to invest at least 10 per cent of their DC default funds in private markets by 2030, with half of that allocated to the UK.

1 week ago | corporate-adviser.com | Emma Simon

Aegon will now use biometric technology in its customer verification process. The pension provider say this will enable it to conduct identity checks more quickly and more securely. It should also enhance the user experience as there will be less need for customers to produce physical documentation. During successful trials, initial pass rates for electronic anti-money laundering and bank verification improved significantly.

1 week ago | corporate-adviser.com | Emma Simon

What’s your current role – and what does this involve? My current role is pension investments team manager. This means I look after members’ investments; my team supports them with switching investments, answering any investment queries they might have as well as building lifestyles and helping to launch funds. As a manager, part of my role also includes leading and motivating the team and communicating with different stakeholders across the business.

1 week ago | corporate-adviser.com | Emma Simon

Traditional homeownership models are failing to serve millions of potential buyers according to a new report from Wayhome. The company, which has pioneered gradual homeownership schemes — and proposes utilising pension schemes to fund affordable housing solutions — says this can be an inclusivity issue that particularly disadvantages key workers, ethnic minorities, older first-time buyers, and Muslim households.