All Administration articles – Page 20
-
NewsMineworkers receive tax demands after admin error
Members of the £11.4bn Mineworkers’ Pension Scheme have received notices from HM Revenue & Customs incorrectly telling them that they owe thousands of pounds in tax.
-
OpinionThink long-term when refreshing your scheme’s admin strategy
An administration strategy should look at the long and short-term objectives of the scheme, and without a strategy, schemes are in danger of never achieving any data improvement goals, says Trafalgar House’s Garry Wake.
-
FeaturesBMA rebukes NHSE and Capita over admin 'fiasco'
The British Medical Association – the trade union and professional association for doctors and medical students – has been lobbying for improvements to the administration of the NHS Pension Scheme after member complaints and a motion by GPs last year to address issues with third-party administrator Capita.
-
OpinionTo improve admin we need solutions, not resolutions
When high-profile cases expose bad practice, we wonder how on earth it has been allowed to happen and, rightly, we resolve to improve it.
-
News
Barnet grapples with data difficulties
The £1bn London Borough of Barnet Pension Fund has implemented a recovery plan after falling under scrutiny from the Pensions Regulator over its administrative struggles.
-
Features
It is time to take scheme administration more seriously
Analysis: The nuclear fallout from the demise of Carillion and the continued woes of Capita have dominated news bulletins in recent weeks.
-
News
Now Pensions fined £70k for admin failings
The Pensions Regulator has fined the trustee and trust manager of Now Pensions in relation to persistent administration failures, and has given the embattled mastertrust until July to fix all of its issues.
-
News
Edinburgh Airport scheme hires new consultant
The Edinburgh Airport Pension Plan has appointed actuaries and consultants Spence & Partners for defined benefit pension scheme management.
-
FeaturesBritish Coal members raise Capita admin concerns
The £9.4bn British Coal Staff Superannuation Scheme has had to calm member concerns at its 2017 annual meeting over its decision to appoint Capita as its administrator last year.
-
OpinionCareful documentation is key to successful admin changeovers
Careful documentation and honesty are crucial in carrying out a successful pensions administration transition, says Kathy Turpin at Law Debenture Pension Trustees.
-
News
Two North East councils to establish LGPS shared admin service
South Tyneside Council and Northumberland County Council have been working together to establish a shared administration service for the Local Government Pension Scheme, resulting in savings for both.
-
News
PASA selects members for Transfers Working Group
The Pensions Administration Standards Association has today announced the 23 members of its new Transfers Working Group, which aims to look closely at defined benefit transfer delays.
-
News
BT scheme cuts TPA contract short to pull admin in-house
The BT Pension Scheme is moving the administration for its 300,000-member scheme in-house next year, not long into a contract extension with a third-party provider.
-
OpinionChallenging providers is key to boosting value
Questioning service providers, understanding member preferences and striving to ensure effective governance can all help to boost value, explains Legal & General Investment Management’s Emma Douglas.
-
OpinionHow to get a good deal from your TPA
Pension schemes exist with the sole purpose of providing members with the right pension at the right time. The administration provider is key to fulfilling this purpose and ensuring a positive member experience, writes Dalriada’s Adrian Kennett.
-
Opinion
How we can cut DB transfer delays
In an increasingly consumer-driven age, the official regulatory standards for the end-to-end time allowed for a defined benefit to defined contribution transfer look positively glacial.
-
NewsFirstGroup breaks new ground by merging funds within LGPS
Transport operator FirstGroup has become the first major private sector employer to consolidate its pension funds within the Local Government Pension Scheme, as experts agree that similar mergers could be on the horizon.
-
FeaturesForces win back payout for family bereavement
The Ministry of Defence has agreed to introduce the Short-Term Family Pension to the Armed Forces Pension Scheme 2015. The provision, which is in place for members of the 1975 scheme, was not carried over to the new 2015 scheme.
-
FeaturesTeachers’ Pensions gets slammed over admin
Teachers’ Pensions, which runs the Teachers’ Pension Scheme, has been criticised by its members over its perceived poor service delivery, as experts highlight the limitations of relying on online servicing.
-
OpinionRecovering from a data breach
Oliver Topping at Sackers explains how schemes should react in the event of a data breach.