Friday August 7, 2020

A group pension alternative

Brokerage firm LHW is disenchanted with the traditional group pensions system, so it has struck out in a new direction, writes Emma Kennedy, Personal Finance Correspondent

16th October, 2010

A sense of disillusionment with the traditional group pensions model offered by the life and pensions industry has led one brokerage firm to challenge the system.

‘‘Against a background of very poor investment performance over the past decade coupled with the insurers’ charging structures and all that went with it, it just became really bad value for the customer,” said Alan Lewis, an international rugby referee and managing director of Dublin based firm, LHW Insurances...

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