All Data articles
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NewsMyCSP staff union announces three more weeks of strike action
The Public and Commercial Services union plans a further escalation in its dispute with MyCSP, the outgoing administrator of the Civil Service Pension Scheme, with members preparing to strike from 7 to 28 November.
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OpinionIrritation or anxiety? The financial impact of member data errors
A recent Court of Appeal decision has given misdirected post a far louder echo, and it’s one that trustees and administrators can’t afford to ignore, say Eversheds Sutherland’s Jeremy Goodwin and Richard Bacon.
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NewsAddressing legacy data issues ‘has power to transform the pensions industry’
Pensions UK Annual Conference: Data quality was once seen as an administrative afterthought but is now a strategic priority fundamental to every aspect of scheme management, delegates heard.
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NewsCapita fined £14m over data breach that affected schemes including USS
Capita was hit by a cyberattack in 2023 that saw the personal data of approximately 6.6 million people stolen, including pension records and other financial data. This included around 470,000 USS members.
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NewsDon’t delay dashboard connection, regulator urges DB schemes
Schemes that fail to connect to the pensions dashboard system by 31 October next year could face regulatory action, the Pensions Regulator has warned.
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OpinionThe future of pensions administration: why now really is different
Automation technologies such as artificial intelligence can support pension administrators to manage large workloads efficiently, says Trafalgar House’s Dan Taylor. This could be a game-changer for many admin teams.
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NewsDashboard testing schedule begins as regulator urges action on ‘data debt’ [updated]
Testing of the MoneyHelper Pensions Dashboard will run until 2026, according to the Pensions Dashboards Programme, with up to 20,000 people expected to participate over the course of the project.
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NewsPensions dashboards are ‘only the start of the digital journey’ [updated]
Around 90% of pension scheme memberships could be connected to the pensions dashboards ecosystem by the end of this year if the current schedule goes to plan.
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NewsAI and ‘responsible innovation’ at centre of TPR’s data revolution
The Pensions Regulator is to establish an artificial intelligence advisory council as part of a wide-ranging overhaul of how it uses data and technology.
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NewsPoor 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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In DepthIn Depth: 40% of master trust memberships could consolidate, study finds
A major data exercise carried out by some of the UK’s biggest master trusts has shed light on the challenges of consolidating small pension pots and rolling out pension dashboards.
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Opinion
The General Code, TPR, and the great data challenge
Vidett client director Simon Lewis explores the requirements and challenges for trustees seeking to improve their pension scheme data.
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FeaturesDashboards, deferred pensions, and revaluations - bringing it all together
In his latest article exploring the development of pensions dashboards, Richard Smith dusts off a couple of old pensions to find out how they will be displayed on dashboards, complete with the benefits of compound interest.
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NewsErrors ‘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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NewsPensions admin under the regulatory spotlight
The Pensions Regulator may soon turn its focus to administrators
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OpinionThe 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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NewsCyber attack is a risk like any other – so manage it
In March, Capita suffered a cyber breach at the hands of the Black Basta ransomware group. Around 90 organisations, including pension schemes such as the USS and Axa, have reported personal information breaches.
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NewsPASA 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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NewsTPR delays investment data collection from DB schemes
The Pensions Regulator will not be collecting data on fiduciary management and investment consultants from defined benefit schemes as part of its 2023 scheme return, which can present a “gap in compliance”, experts have warned.
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NewsGovt actuary calls for improved data on schemes' LDI strategies
The government actuary has called on the Pensions Regulator to start collecting more data from defined benefit schemes about their liability-driven investments, among other suggestions to increase the visibility of risks associated with these strategies.