All Data articles – Page 15
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OpinionFire, fury and GDPR
From the blog: Hell hath no fury like a lawyer or auditor scorned. The General Data Protection Regulation has unfortunately put the pensions industry in that dangerous position where we have to run a gauntlet, deciding how seriously to take the dire warnings of these two professional communities.
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FeaturesLincolnshire council fund encounters data difficulties
The £2.2bn Lincolnshire County Council Pension Fund has had ‘amber’ reviews over administration and training.
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OpinionSchemes need not fear dashboard compulsion
The dashboard has received a recent boost, with responsibility for the project transferring to the Department for Work and Pensions and the pensions minister stating his enthusiastic commitment.
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NewsBritish Steel saga raises questions on advice market and transfers
News analysis: Steelworker Rich Caddy has regrets about his choice to transfer out of the British Steel Pension Scheme.
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FeaturesTeachers’ Pensions gets slammed over admin
Teachers’ Pensions, which runs the Teachers’ Pension Scheme, has been criticised by its members over its perceived poor service delivery, as experts highlight the limitations of relying on online servicing.
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OpinionRecovering from a data breach
Oliver Topping at Sackers explains how schemes should react in the event of a data breach.
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Opinion
When money meets religion: Sharia compliant pensions in the UK
Islamic finance is a fascinating and challenging domain. The industry’s assets were valued at $2tn (£1.5tn) globally at the end of 2016, according to S&P Global Ratings.
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FeaturesNottinghamshire to create portals for improved admin
The Nottinghamshire County Council Pension Fund is implementing portals for both employers and members as part of a push to improve administration across the scheme.
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OpinionWhat happened to the pension technology revolution?
Pensions Expert 20th Anniversary: Improvements in pensions infrastructure will allow services we cannot even imagine at present, says Ben Cocks from Altus Business Systems.
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FeaturesBetter data flow could transform pensions, but will it?
Pensions Expert 20th Anniversary: A yawning technology gap has long been identified in the sector, but many feel more than the dashboard is needed to drag pensions into the 21 century.
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News
Vested interests hamper fintech adoption, start-ups say
Industry interests stop technology from truly benefiting savers through low-cost products, members of the start-up community have said.
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OpinionWhat we can learn from DC in the US
How are US benefit providers boosting member engagement? Mark Sullivan at Fidelity Investments Benefits Consulting explains how the UK can learn from communications and data techniques used across the pond.
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News
Calls for action on complexity at heart of DB transfer delays
Increased demand for defined benefit pension transfers, lack of transfer experience among independent financial advisers and complexity of DB pensions is adding to transfer delays by putting strain on administrator resources, recent research has shown.
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OpinionWhy do well-funded small schemes struggle to reach buyout?
Gillian Hickey from Trafalgar House explores the many hurdles preventing small schemes from finishing their derisking journey, and outlines a strategy to navigate them successfully.
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Features
Outsourcing admin: What to look out for
Analysis: Outsourcing pensions administration or transitioning to a different provider can be a complicated and time-consuming process. What steps can trustees take to smooth the journey?
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OpinionHow to get your scheme dashboard ready
Now is the time for schemes to start focusing on data quality to prepare for the pension dashboard, says Geraldine Brassett from the Pensions Administration Standards Association.
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OpinionGDPR: Why trustees need to take notice
Claire Bell explains how schemes should prepare to comply with the new data protection regulation ahead of its launch next year.
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FeaturesMums know best: Hogg Robinson mortality study slashes liabilities
B2B services provider Hogg Robinson Group has undertaken a medically underwritten mortality study of its UK pension scheme members, shaving £68.4m off its liabilities.
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News
Schemes urged to take action on data security
Pension schemes must use the next 12 months to review and update data protection practices, industry experts have urged, ahead of new rules which could result in huge fines for trustees.
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OpinionData needn’t be a pain – if it has a strategy
From the blog: To say that data quality is poor in both occupational and other forms of pensions is an understatement, writes Duncan Howorth.