All Administration articles – Page 26
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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.
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Features
GMPF drives annual member admin cost below £14
Local government schemes are using benchmarking and reduced paper trails to save administrative costs. Ian Smith looks at what the private sector can learn from the public sector.
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Features
Jamaican case firms up record-keeping requirements
Schemes concerned by a Jamaican case heard in the UK that makes it harder to reclaim money paid by mistake should review their delegated administration responsibilities to avoid legal costs.
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Features
Local government schemes respond to AE safeguards
Norfolk Pension Fund has issued each of its employers with a guide to complying with new auto-enrolment legislation to ensure members are not induced to leave the scheme.
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Features
Schemes cut cost of deferred members' small pots
Defined contribution (DC) schemes are reaching a tipping point where the number of deferred members are beginning to overtake active ones, meaning greater administration costs for members no longer employed at the company.
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Features
Case study: Hertfordshire saves £1.6m with LPFA
With local authorities seeking efficiencies across the board, the London Pensions Fund Authority (LPFA) has secured its first administration client outside of the capital.
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Features
Schemes called to urgently review TPAs for 2012
Employers unprepared for auto-enrolment are leaving schemes facing a tough deadline to push through administrative reforms.