All Administration articles
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News
Civil Service Pension Scheme administrators could strike over Capita switch
The Public and Commercial Services union is balloting members that work on the MyCSP administration system ahead of its takeover by Capita later this year.
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Opinion
Virgin Media v NTL Pension Trustees: where are we now?
There are an estimated 50,000 amendments that need to be reviewed following the Virgin Media ruling. Matthew Swynnerton of the Society of Pension Professionals explores how trustees can approach this unenviable task.
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News
Railpen sells administration business to Broadstone
The industry-wide pension scheme has decided to offload its third-party administration unit after two decades of providing outsourced services.
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News
Dashboards: What to do with multiple administrator arrangements
The Pensions Administration Standards Association has issued advice to trustees dealing with multiple administrators while connecting their pension schemes to the pensions dashboards system.
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News
Poor data costing schemes money and resources, study shows
As the first pensions dashboards connection deadline approaches, new data from technology provider Heywood warns that data quality is still falling short of requirements.
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News
Master trusts questioned over service quality and ‘robustness’
A new report has questioned whether defined contribution master trusts have the capacity and service quality to deal with system shocks, as the government looks for providers to boost their scale.
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In Depth
In Depth: Regulator’s new DC approach is a sign of things to come
Pensions Expert looks in detail at how the Pensions Regulator’s prudential approach to regulation is affecting all aspects of the industry.
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News
SPP labels inheritance tax payment proposals ‘very problematic’
The Society of Pensions Professionals (SPP) has suggested alternatives to a government proposal that pension scheme administrators become liable for reporting and paying inheritance tax.
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News
TPR moving towards prudential regulatory approach
The Pensions Regulator (TPR) intends to move to a more prudential style of regulation as pension schemes grow larger and the government encourages consolidation.
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News
Tyne & Wear, Teesside to create admin ‘centre of excellence’
The Tyne & Wear and Teesside pension funds have agreed a partnership to establish a shared administration function.
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News
Marwyn targets admin sector with InvestAcc buy
London-listed Marwyn Acquisition Company II is to buy administration provider InvestAcc Group, with the aim of building a market-leading administrator for the UK.
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Opinion
Restoring member data integrity as dashboards approach
The maintenance of pension scheme records has not kept pace with the digital age, warns Heka Global’s Max Lack.
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Opinion
The future of the Pension Scams Industry Group
After a decade of volunteer-led work on addressing scams in pensions, the Pension Scams Industry Group needs support and engagement in order to continue, writes its deputy chair Tommy Burns.
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News
Errors ‘could cost DC members thousands’ in lost contributions
Data errors affecting defined contribution (DC) scheme members are becoming “increasingly commonplace” and could cost them thousands in lost payments, according to Hymans Robertson research.
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Opinion
How pension schemes can overcome their diverse communications challenges
How to turn consumers’ fear, detachment and complacency into action
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News
Pensions admin under the regulatory spotlight
The Pensions Regulator may soon turn its focus to administrators
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Opinion
The opportunities of identity management
Pension Tracing Day this month is the right time to look again at identity management, writes Zoe Horsfield.
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News
TPR: Why pension administrators are in the regulator’s sight
Policy initiatives including pensions dashboards and value for money, as well as challenges including Covid and cyber leaks, have prompted The Pensions Regulator to change its approach to the regulation of administrators.
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News
PASA releases new guidance on DB data accuracy
The Pensions Administration Standards Association (PASA) has today (14 August 2023) launched new guidance on data accuracy for defined benefit (DB) schemes.
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Opinion
Small schemes face big decisions amid growing cost pressures
Broadstone actuarial director Andy Thomson looks at the challenges facing trustees of small defined benefit schemes amid shifting regulation and a turbulent macroeconomic environment.