Scottish Life offers online option for yearly reviews

The enhanced service will allow pension schemes using its Retirement Solutions group pension products to complete their yearly review updates and scheme renewals online. Scottish Life, part of the Royal London Group, says the new facility is part of an ongoing initiative to make pension administration more efficient and less time-consuming for IFAs and their clients. It claims the new system will allow advisers to conduct the annual review more quickly and easily while also being more secure than using paper-based processes. The service will work by giving scheme administrators and IF...