Hargreaves Lansdown is expanding its corporate pensions activity in response to employer demand.
The firm stated that it is expanding an existing workplace education programme and corporate pensions operations to take in employer reviews, the new pension flexibilities, and increasing interest in workplace education.
It has recruited Pete Holman from The People’s Pension as head of corporate new business, while Nathan Long, a corporate consultant at Hargreaves, has also been promoted to head of corporate research.
Mark Kiddell, head of corporate pensions at Hargreaves, commented that any expectation that workplace pension provision could be quieting down has proved unfounded.
“Demand from employers and their employees for support and guidance in the face of continued market turmoil has gone off the scale through the course of 2014. We are also now delivering a more structured workplace financial education programme for our corporate clients.”
Mr Holman added that the challenge for the industry and employers is to ensure individual members fully engage with all their retirement saving.
“Given the company’s market leading capabilities in so many areas, Hargreaves Lansdown’s corporate pensions business is uniquely placed to address these challenges.”
ruth.gillbe@ft.com
