Fairer Finance has endorsed the Star initiative as it feels the campaign will “significantly” improve transfer performance in the industry.

It said that Star’s remit was clearly defined and would help set out the processes required to complete a transfer, while specifying good practice targets and measuring performance across the industry. Star Steering Committee chair, Tom McPhail, said: “It’s vitally important to us that we continue to focus on the customer, and it will really help that we can harness the expertise of James Daley and his team.”

Aviva has seen a 50 per cent increase in enquiries from trustees managing unbundled workplace pensions.

An unbundled scheme is where investments are handled on a dedicated platform and administration is carried out by a third-party, paid for by the employer. Aviva has seen a 50 per cent jump, year-on-year, in the number of enquiries it has received from unbundled schemes considering moving to a bundled provider.

Hanetf has appointed Barclays Capital as authorised participant (AP) for its range of on-platform funds.

Barclays Capital joins a network of global banks and market making firms with extensive track records supporting the trading needs of ETF investors. Hanetf director of business development and capital markets, Jason, Griffin, commented: “We are very happy to welcome Barclays Capital to Hanetf’s network of APs, promoting deeper liquidity across our fund range and helping investors benefit from greater market access.”

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