Written by Employee Benefits
Michael James, head of technical architecture and principal consultant at Altus, says: “As employees move from job to job, there is a need for a proper technology solution that enables them to transfer and discover past pensions. Information about where individuals live, how old they are and their benefit preferences will be taken into account.”
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.