All Administration articles – Page 22
-
NewsNI police pension payment glitch puts spotlight on admin
A technical error at the Police Service of Northern Ireland pension scheme has caused a delay in the payment of pensions to 12,000 former police officers and dependants.
-
News
LGPS under fire on costs to members
Reporting and cost disclosure across the Local Government Pension Scheme must become more transparent, experts have said, as a new report highlights wide disparity in the levels of charges passed on to scheme members.
-
FeaturesThe top 5 DC stories from 2015 reflect a challenging year
Year in Review: It was a massive year for defined contribution, with new pension flexibilities, the subsequent government guidance promise and of course the charge cap to contend with.
-
Opinion
Aligning admin systems in the pre and post-retirement worlds
There is a guiding principle to post-retirement investment strategy that simply states, ‘Do not run out of money’, but there are some hurdles to jump in order to meet liabilities.
-
OpinionNext-gen auto-enrolment support for smaller employers
As nearly 2m smaller employers reach their auto-enrolment staging dates, Smart Pension’s Griselda Williams asks what is being done to support them?
-
News
Lothian uses SPVs to sharpen in-house focus
Lothian Pension Fund is expecting to get Financial Conduct Authority approval for two special purpose vehicles by early 2016, as it looks to improve its in-house investment capabilities and foster better collaboration with other funds.
-
News
NESPF saves 108 days with new payroll software
North East Scotland Pension Fund has made “huge savings” in administration costs and time through its new payroll software, allowing it to focus on the changing structure of the Scottish Local Government Pension Scheme.
-
OpinionWhat can be done to strengthen quality signposts among TPAs?
In the absence of a third-party administrator kitemark, Barnett Waddingham’s Julie Walker gives her tips on how to spot a quality administrator.
-
Features
What prep have trustees made ahead of any tax changes?
Any Other Business: John McDonnell has laid bare his plans to end austerity and tackle the deficit by taxing the rich.
-
News
How scrapping short-service refunds affects DC and employer costs
Trustees and sponsors of workplace defined contribution schemes need to review their scheme rules, administrative processes and member communications to reflect the abolition of short-service refunds on October 1.
-
News
S.Yorks misses deadline as admin woes heap pressure on LGPS
Teething issues following an administration overhaul at South Yorkshire Pensions Authority has delayed the delivery of members’ annual statements, amid a challenging backdrop of wider fundamental reform across the Local Government Pension Scheme.
-
NewsPolice investigation highlights need for internal scheme checks
The protection of scheme assets against internal fraud should be a top priority for administrators and trustees, experts have said, following the arrest of an employee on suspicion of a scheme-related theft.
-
OpinionHow to build flexibility into your DC scheme
Pension freedom can be a daunting proposition for trust-based DC schemes, but PTL’s Alison Bostock says they can find ways to introduce more choice for members.
-
NewsIs your scheme spending enough time on administration?
Any Other Business: Trustees of pension schemes are required to oversee all aspects of scheme administration while navigating the complexities of investment, policy change and benefit design.
-
NewsJuly's top stories in 3 minutes
In this inaugural Pensions Expert Vizcast, editor Maxine Kelly and senior reporter Tom Dines provide a whistle-stop tour of the month's most significant news and case studies, covering derisking exercises and the Summer Budget (3:10).
-
Opinion
LPFA: Government gives vote of confidence to proactive LGPS funds
Talking Head: In the weeks leading up to the Summer Budget I had several conversations with colleagues in the pension industry and internally about what to expect.
-
NewsStamp dealer takes adviser to task over admin issues
Stamp trader Stanley Gibbons sought redress from a former adviser after issues were raised concerning the company’s scheme rules, a move that has cost the scheme £1.7m in legal fees.
-
NewsFCA pays out £200,000 after benefit error
The Financial Conduct Authority has paid £200,000 to members of its own staff scheme after discovering benefit calculation errors affecting more than 1,200 employees.
-
OpinionCan DC survive these four key challenges?
The Pension Administration Standards Association’s Michael Mann and Girish Menezes outline the wave of changes hitting DC and what schemes need to do to stay ahead of the game.
-
Opinion
Mastertrust discontinuance plans – why we need certainty
As a new wave of mastertrusts enters the market, the Society of Pension Professionals’ Duncan Buchanan asks whether there should be greater assurance that any discontinuance costs will be met in the event of a wind-up.