All Data articles – Page 14
-
OpinionFive challenges in pensions administration for 2019
The Pensions Administration Standards Association’s Lorraine Harper argues that 2019 could see the administration of pension schemes reach a tipping point from which it could change irrevocably.
-
PodcastsPodcast: Next steps for the pensions dashboard project
Podcast: Earlier this month, the Department for Work and Pensions published its long-awaited feasibility report and consultation on how the industry can create online pensions dashboards. What does the industry make of the study? And how much progress is needed to make the project a success? In this episode, Girish Menezes, board director at the Pensions Administration Standards Association, and Anthony Rafferty, managing director of fintech company Origo, discuss compulsion, dashboard governance and data.
-
OpinionTop tips for a successful approach to the bulk annuity market
From the blog: 2018 is set to be a record-breaking year in the bulk annuity risk transfer market.
-
Features
Could co-sourcing be the answer to rising pensions admin woes?
Analysis: Uncertainty is an overused word in the pensions landscape, yet it is particularly appropriate when we speak of administration, which is teetering on the brink of crisis.
-
OpinionIncreased self-service will boost data quality and raise admin standards
Good-quality, complete data is essential for pensions administration. Heather Quelch, head of pensions administration at TPT Retirement Solutions, discusses data cleansing and the importance of self-service for members.
-
News
DB health improves but covenant strength ignored
Defined benefit pension schemes are not paying enough attention to the likelihood of their employer going bust when setting investment strategy, according to a new study assessing funding levels in the context of sponsor health.
-
News
How far away is the pensions dashboard from becoming a reality?
A complete and up-and-running pensions dashboard could be years away, according to experts, as implementation and credibility concerns come to the fore.
-
OpinionDelayed dashboard the answer to UK’s small pots problem
The government risks the UK’s existing problem with small pension pots worsening if it does not produce a feasibility report on the pensions dashboard soon, writes Aegon’s Kate Smith.
-
News
Regulator issues Scottish teachers' scheme with improvement notice
On the go: The Pensions Regulator issued the Scottish Teachers’ Pension Scheme 2015 with an improvement notice earlier this year, following the scheme’s failure to provide benefit information statements to around 14,000 members.
-
OpinionWhat the pensions industry can do to reach technology utopia
The pensions industry lags behind other sectors in terms of technology. However, over time schemes and providers can expect rapid improvements and frequent change, provided that the industry adopts an outward-looking approach to IT, says Ben Cocks, founding director of Altus Business Systems.
-
OpinionWhy ESG is not a flash in the pan
With interventions from government putting increased pressure on schemes to consider environmental, social and governance factors, trustees must not dismiss ESG as a fad, says Redington’s Lydia Fearn.
-
NewsCNPP micro section well poised for scheme buyout
The GPS EnergySolutions section of the Combined Nuclear Pension Plan is set to wind up, following months of buyout preparation with the trustees and employer.
-
-
OpinionSecurity and accuracy: the pillars of dashboard success
From the blog: The government has called on the industry to develop a pensions dashboard before the end of 2019.
-
OpinionGarbage in, garbage out
Girish Menezes, a board director at the Pensions Administration Standards Association, highlights the need for collaboration between trustees and administrators to ensure a high-quality member experience, while managing costs and delivery expectations.
-
NewsSchemes must play part in war on scams
Pension schemes and providers have been urged to increase member awareness of scam tactics and tighten data security, amid the revelation that average losses from fraudulent and inappropriate inducements eclipsed the size of the average pension pot in the UK.
-
Features
Bulk annuities: How should schemes approach the market?
Analysis: 2018 has been a very busy year so far for buy-ins and buyouts, with plenty of competition and attractive insurer pricing.
-
OpinionWhat the regulator’s corporate plan means for pensions administration
Trafalgar House’s Michael de Souza explains what the Pensions Regulator’s corporate plan for 2018-2021 means for pensions administration.
-
OpinionA checklist for top bulk annuity pricing
From the blog: 2018 is predicted to see an unprecedented volume of pension schemes seeking to derisk using buy-ins or buyouts. Given the finite resources of providers, pension schemes should expect a level of selection in what insurers will focus on – not all providers will necessarily quote on every transaction that comes to market.
-
OpinionPASA outlines five pillars of DC administration governance
Defined contribution administration governance is an often overlooked area, but anyone involved in DC should understand the five key elements of administration and how they impact their role, writes PASA’s Gary Evans.