All Administration articles – Page 25
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Features
NHS scheme moves to improve struggling employer comms
The NHS Pension Scheme will tailor its communication to different employer types to provide them with more support in fulfilling their obligations, after a survey revealed substantial criticism of its approach.
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OpinionEditorial: A fair fight?
The “saver’s Budget” sounded a starting bell in the frankly lethargic DC investment market – which default strategy would win the argument and, more importantly, the flows?
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Opinion
Data security cannot just be a box-ticking exercise
ITS’s Janet Branagh argues fines of as much as £500,000 and even potential imprisonment should focus scheme trustees’ minds on how to make sure their member data are properly protected, in the latest edition of Informed Comment.
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Features
SME achieves almost zero opt-outs after enrolling early
Chartered surveyor Dalcour Maclaren has secured a virtually entire take-up of its defined contribution plan since it auto-enrolled its small workforce last year, and now the company is looking to streamline administration of the scheme.
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Opinion
How integrated payrolls can slash admin time
JLT’s Sharon Mitchell sets out the benefits of integrated payroll systems in reducing costs and improving engagement, in this week’s edition of Technical Comment.
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News
Civil service schemes centralise admin to boost engagement
The civil service pension schemes are moving the administration of their active, deferred and pensioner members to a single system to reduce costs and increase member engagement.
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News
Compliance concerns prompt employers to rethink AE providers
News analysis: Some large employers are considering switching their auto-enrolment provider as their administration needs are not being met, fanning a growing secondary market.
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Features
Essex merges functions after admissions rise
Essex Pension Fund has combined its employer, investment and administration teams into a single structure to deal with an increased number of employers joining the scheme.
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News
Schemes face series of admin hurdles in 2014
2014 preview: Pensions liberation, data and tax are among the major administrative challenges schemes will face next year, industry experts have cautioned.
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News
Two-thirds of employers uneasy over pot-follows-member
News analysis: Around two-thirds of businesses are concerned at the complexity of the automatic transfer regime, while 70 per cent of managers are worried about the broader challenges of auto-enrolment compliance, a survey has found.
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Features
SPPA raising the bar on data precision
The Scottish Public Pensions Agency has initiated a project to benchmark its member data against quality criteria set out by the Pensions Regulator, to find more cost-effective ways of improving data accuracy.
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FeaturesKenwake adopts Skype-style pensions comms
Kenwake Pension Scheme has launched online face-to-face video support to make communication with its members more accessible and convenient.
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FeaturesNuclear fund on course to claw back £1m merger cost
The Nuclear Decommissioning Authority is close to recouping the £1m it spent merging two schemes into the Combined Nuclear Pension Plan in a bid to save on administration and advisory costs.
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Opinion
How to manage your scheme’s payment error risk
Aon Hewitt’s June Grant takes us step by step through the common errors in overpayment and underpayment cases and how schemes can avoid them, in the latest edition of Technical View.
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News
NESPF payroll shift cuts 25% from processing time
North East Scotland Pension Fund has implemented an integrated payroll system to provide a more accurate and timely way of paying out benefits to members.
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News
How to protect your scheme against payment errors
News analysis: Legal experts have warned that schemes and employers could face paying out large sums to members due to incorrect pension estimates, with requests for advice on the issue increasing.
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Opinion
Why trustees should be paid, and how much
Spence & Partners’ Marian Elliott analyses the growing burden of the trustee role, and argues that those willing to take it up should be paid, in the latest edition of Informed Comment.
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News
Making good your scheme's common data shortfall
News analysis: The Pensions Regulator's annual record-keeping survey, released earlier this week, demonstrated a lack of awareness among smaller schemes of their data obligations, but also contained hints about how to repair administrative faults.
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Features
Hackney fines employers to improve admin
The multi-employer scheme has been charging sponsors to encourage more accurate and timely data collection, improving scheme performance and cutting cost.
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Features
Schemes warn managers on investment fee add-ons
In the second part of schemeXpert.com’s fund management fee survey, we look at what additional charges schemes are willing to accept and how they evaluate them.