Technology

iPensions Group acquires specialist SIPP and SSAS business from Morningstar Wealth Retirement Services

We are delighted to announce the acquisition of the legacy specialist SIPP and SSAS Business from Morningstar Wealth Retirement Services. A specialist pension provider and administrator, iPensions Group, have acquired a portfolio of SIPP and SSAS business from Morningstar Wealth Retirement Services Ltd, acquiring the associated trust company and taking over as the operator and...

Technology spending drives consumer duty investment

Our latest research* shows that spending on new technology is the biggest driver of increased investment by adviser firms ahead of the implementation of Consumer Duty rules, which will come into effect from 31st July 2023. The study found that more than three out of four (76%) of firms have seen their costs rise as...

Investing in our people with wellbeing support

Our success depends on our people which is why we support, develop and recruit the best. As we continue to expand our business, we have also been investing in our teams by providing a range of support and guidance on wellbeing and nutrition. Working with specialist consultants BetterBe to help optimise our investment in employee...

Consolidation and technology will drive SIPP market expansion

Around one in three advisers say SIPP consolidation is increasing. Our recent research shows that advisers believe pension consolidation and technology investment by providers will drive continuing expansion of the SIPP market. Nearly two out of three (63%) of advisers identified consolidation and investment in enhanced administration technology as the main drivers of growth in...

We won Best Financial Services IT Project Award

UK IT Industry Awards recognise ‘transformational’ platform for advisers and clients We’re thrilled to announce that we won the Best Financial Services IT Project of the Year Award for the launch of our transformational administration hub and adviser portal at the UK IT Industry Awards. It was ranked as the most outstanding financial services business...

Innovation focus with cloud technology partnership

With a technology-driven approach for pension solutions in the SIPP market, we are strengthening our focus on innovation with private cloud infrastructure from the leading technology solutions provider Rackspace Technology® (NASDAQ: RXT). The multicloud solutions provider is supporting our ambitious growth plans following significant inhouse investment in our highly scalable pension platform, allowing us to continue...

Online security: staying safe in the digital pension age

In a world where consumers increasingly expect online services to be available for every aspect of their financial life, digital pensions are fast becoming the norm. Covid-19 has accelerated this expectation, changing the way we shop, bank, manage our insurances, our pensions, and changed the way we interact generally with any service provider. Businesses that...

We have launched our Adviser Portal

Portal enables SIPP applications to be completed in minutes We are delighted to announce the launch of our Adviser Portal as we continue the technological transformation focused on innovation in the SIPP market to support advisers and their clients. The new Adviser Portal enables advisers to complete the SIPP application process within minutes in contrast...

Adviser survey SIPP market iPensions Group

Faster applications and digital portals to boost the SIPP market

Our recent study around trends in SIPP provision has revealed that increased investment in technology should be a key consideration for SIPP providers. The nationwide study among over 100 advisers found widespread support for investment in technology by providers as a positive for expanding the SIPP market over the next three years with research highlighting...

Technology transformation is just the beginning

Hrishi Kulkarni, Group Chief Technology Officer, outlines how technology will drive the next phase of growth at iPensions Group. It has been a three-year journey involving significant investment, but customers and advisers will see the benefits of iPensions Group's focus on technological transformation, Group Chief Technology Officer Hrishi Kulkarni says. “Our aim is to make...