Talk of Pensions ISAs has returned recently. Robert de Dominicis asks would moving away from the current pension system of tax relief on contributions, a lifetime limit on gains and taxing withdrawals to a system where contributions are taxed but gains and withdrawals are tax free really be such a bad thing? Or could it lead to a fairer, simpler, more engaging pensions system?
Following The Centre for Policy Studies suggestion that pension pots worth £2,000 or less should not face any fees or charges to encourage consolidation, GBST’s CEO Rob De Dominicis considers the benefits of pension consolidation for individuals and how technology can help the process both in the UK and Australia.
One year on from the launch of the UK’s pension freedoms, GBST CEO Robert De Dominicis argues that more providers need to invest in smart technology to create innovative, flexible income products that allow consumer to take full advantage of the choices offered under the new rules.
GBST CEO Robert De Dominicis considers the what we can learn from the Australian government’s decision to enshrine in law that the objective of its private pensions system is to provide retirement income – a move which seems in complete contrast to the freedom pension reforms seen in the UK.
Despite the fact that banking sector is often a leader in cutting-edge IT, our industry occasionally trails behind the technological advances we see elsewhere. In this article, Ryan Carpenter, App Strategy Consultant at GBST looks into the benefits marketers are getting from web analytics tool and how investment banking industry could learn from their experience.
While the UK retirement savings market is enormous and with considerable growth expected over the next decade, the emerging challenge for financial services providers is how to capitalise most effectively against a background of regulatory, social policy and consumer behavioural change.
In this paper, we predict the future landscape of this market and why we believe that technology will be the crucial deciding factor for commercial success or failure in the ‘new’ retirement savings market.
Most retail distribution review (RDR) controversy has come and gone, but there is one topic guaranteed to still inflame emotion. Mention the ban of cash rebates among the platform provider community and you’re likely to be stuck for a good 20 minutes while spleens are vented.
Independent Review by Praxis Partners – “FoFA Reform Readiness Review” – confirms GBST Composer® market ready to adapt users’ product, administration and operational procedures to meet FoFA requirements.
AEGON UK, part of the AEGON Group which is one of the world’s largest listed life and pensions companies, offers pensions, life insurance, asset management and financial advice to around 2 million customers in the United Kingdom (UK) and has assets under administration of £57.6 billion.
Redundant and aging legacy systems hampered BT Financial Group’s (BT’s) ability to bring to market a new retirement savings account. The bank created a crossorganizational project team that incorporated new design processes, new development tools and reusable technology components, which facilitated a successful product launch.
