The Pensions Regulator last week released its annual record-keeping survey, which once again showed smaller schemes were falling behind their larger counterparts.

The regulator's target for common data is 100 per cent for records created after June 2010, and 95 per cent for records created before that time. These are items that are used by all schemes to uniquely identify members. 

The watchdog's survey found 33 per cent of small schemes have a common data score of 95 per cent or higher, compared with 64 per cent for large schemes. 

Even though more schemes now have a common data score of 95 per cent or higher, the proportion of schemes not measuring their common data has not decreased significantly. 

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