Written by Financial Times
Altus has called for ‘open standards’ across the board for electronic pension transfers, arguing the model is much more aligned with other standards and government thinking, while other firms have the ‘if it ain’t broke don’t fix it’ mentality.
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.