Lastminute.com to sell pension schemes
Lastminute.com today confirmed it has entered into a partnership to provide stakeholder pension schemes on the web.
The website has teamed up with StakeholderPensions.com – an online service aimed at alerting web users to the statutory obligations for implementing stakeholder pensions by 8 October.
Helen Baker, UK managing director at Lastminute.com, said: ‘Potentially thousands of our users are decision makers in those companies which will be affected by the government’s October deadline for implementing stakeholder pensions. We can help our users avoid any potential fines.’
The move to sell the pensions – designed to encourage more people to save toward their retirement – follows Lastminute.com’s decision to sell ISAs in the lead up to the end of the financial year.
Recent independent analysis has shown that the total pensions market could more than double in 10 years from Pounds 46bn to over Pounds 100bn.