'Advisory gap' prompts launch of workplace pension comparison site

The service, Choose a Pension (CAP), will also allow employers to assess their workforce and find out how much auto-enrolment (AE) will cost; work out the contribution rate that is right for them. The service compares the providers using simple star ratings. The system is based on best actuarial practice and uses a methodology and analytics supplied by First Actuarial, the advisory firm that is part owner of Pension PlayPen. Pension PlayPen founding editor Henry Tapper (pictured) said the Retail Distribution Review (RDR), the ban on consultancy charges, the Office of Fair Trading (...