Written by FT Adviser
Ben Cocks, founding director of Altus Business Systems, told FTAdviser that unless customers can easily transfer their pensions from one provider to another then competition between providers will be stifled and the new pension freedoms will not have the intended liberating effect.
In a sector with so much complexity, to what extent is RegTech solving the real compliance issues facing financial services?
UK finance is changing forever. Sweeping reforms promise a new era for the sector: one that’s more open, more regulated and, potentially, far more collaborative. All this is very good news for SMEs.
It may be a while before pension funds ask their asset managers whether they use blockchain, says Ben Cocks