Aviva’s pension scheme added to regulator’s list

Regulator’s website features major insurer among workplace pension providers in the UK

Insurance News

By Louie Bacani

Aviva’s company pension has become the first scheme to be added to a new list of group personal pension (GPP) featured on the government regulator’s website.
 
The Pensions Regulator has announced that the insurance giant is the first GPP provider that has met the criteria to be included on a list of GPPs open to any employers.
 
Before Aviva was added to the list, only master trust pension providers, which are open to businesses of all sizes, were directly featured and named on the regulator’s webpage offering information on different workplace pension providers.
 
Aviva business solutions managing director Andy Beswick said being approved for the Pension Regulator website is “really significant” for the company.
 
Beswick said the regulator’s website is among the first places that small business owners go for auto-enrolment.
 
“Choice in the market is important, as is helping employers understand the full range of options. The changes being made make this easier and it means businesses can have a clearer picture of all the options they have,” he said.
 
“The Pension Regulator has recognised that Aviva can set up workplace pensions for businesses of all sizes and I am delighted that we will now feature on their website,” Beswick added.
 

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