Scottish Life DC pension administration plan

Scottish Life has added to its third-party administration business, with the creation of DC Solution...

Scottish Life has added to its third-party administration business, with the creation of DC Solutions, a defined contributions pension system. DC Solutions covers administrative services to defined contribution arrangements, including group money purchase, Group Personal Pension (GPP) and group AVC schemes. The group also believes the system will be able to cope with the changes that will result from the introduction of stakeholder pensions. Using internet technology, DC Solutions, will allow online access to enquiries and transaction facilities for trustees, pension scheme managers and...