Royal London Asset Management has decided to offer a defined contribution pension product, taking advantage of the administration system it inherited when it purchased Scottish Life.

Scottish Life's administration system, dc solutions, is well-regarded. It is used by other fund managers, including JP Morgan Fleming and Invesco, for their defined contribution product.

New player emerges in UK's defined contribution pension market

William Hutchings

JP Morgan

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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