Following our fund spotlights in the previous two newsletters, we are focusing this month on the Aberdeen Global Asia Pacific ex. Japan Fund.

We worked with ILIM and Morningstar OBSR, an independent investment research and consultancy business with one of the largest and most experienced fund research teams in the UK market, to introduce the Guided Architecture Range of funds in order to further enhance the choices available to trustees, consultants and pension scheme members.

Click here for the factsheet of the fund and more funds available in the OBSR Guided Architecture range.

Irish Life, as the largest group risk provider* in the Irish market, has developed new summary documents highlighting the many unique services we bring to our clients. We had feedback that, whilst our people performed very well explaining our offering face-to-face, there is also high demand for more formal marketing material to give an overview of our offering in more depth and colour.

Over recent months we have received an increased amount of requests to pay benefit claim payments electronically.

Members prefer this method of payment so that they can access their payment without having to wait for a cheque to arrive in the post, which they then have to lodge and then wait at least 5 days for it to clear. This method of payment also suits Trustees as the payment is available to issue to the member much quicker. All of our AVC drawdowns were paid this year electronically and the feedback we received was very positive.

In light of this, going forward we are paying all Benefit Claims by EFT (Electronic Fund Transfer). If you do not want a payment made electronically it must be specified clearly when submitting benefit claim documentation.