Article

Omnicore has announced a partnership with Pension Lab to enhance its Letters of Authority (LoA) technology for Simplybiz and threesixty firms. This initiative aims to improve operational efficiency, data accuracy, and client outcomes for thousands of advice firms.

The current LoA process is noted for being time-consuming and fragmented, requiring multiple forms across different providers. The partnership will offer access to technology that alleviates these administrative burdens, streamlining the advice process. Pension Lab is recognized for its automation solutions and efforts to standardize the industry, aligning with Omnicore's strategy.