Written by Professional Pensions
Pension scheme administrators are being urged to prepare for big changes in how they submit information to HM Revenue and Customs (HMRC) under a new platform. A more modern system called the XML channel is set to replace the Electronic Data Interchange (EDI) in April 2018 due to high running costs. Published 19th December 2016
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
2017 proved quite an eventful year, with an increase in the number of participants and the volume of transfers.