Product simplicity and investment complexity

As 6 April, 2006 approaches, pensions providers in the UK are gearing up for a number of changes that will inevitably affect the way they do business with their customers. But how many are thinking of going beyond compliance in order to capitalise on the business opportunities that await? Patrick Molineux , director, Life & Pensions, Computer Sciences Corporation (CSC) warns that those pensions providers that fail to do so will certainly lose out

Product simplicity and investment complexity

Earlier this year, we were surprised by the results of a survey that we’d carried out amongst pensions providers at the end of 2004. We asked a select group of senior IT decision-makers in UK insurance companies how they planned to approach the pensions simplification legislation.