All Data articles – Page 16
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News
Dashboard prototype launch prompts next steps
Plans to deliver a pensions dashboard prototype by March 2017 have been completed, despite the complex nature of technology infrastructure involved. But while experts think the progress is encouraging, they say more needs to be done to maintain this momentum.
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News
The jury is still out on robo-advice
The pensions industry must focus on technology and consumer engagement to keep up with changing demographics and work habits, but opinions are divided over whether robo-advice is the best solution.
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Opinion
How the MiFID II policy statement will affect you
A survey last year found more than three-quarters (77 per cent) of pension schemes feel they do not necessarily have the operational infrastructure in place to accommodate change, such as the introduction of new or revised regulations.
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News
Berkshire saves 600 hours with automated data exchange
The Royal County of Berkshire Pension Fund saved an estimated 604.1 hours of administrative work over six months, and ended its struggles with updating member data by introducing an automated data exchange.
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Opinion
Data crunch: Who advises the DC scheme community?
The answers to this question show that there are still some differences between the trust and contract-based markets.
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News
TPR's record-keeping push welcomed but stresses remain for small schemes
The Pensions Regulator is demanding that trustees report on record-keeping in the scheme return and has issued new guidance, after conducting a survey which found that too many are not measuring members’ data.
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Features
British Coal's green turn on payslips to net £400,000 a year
The British Coal Staff Superannuation Scheme has opted to stop sending monthly paper payslips to its members from August 2017, saving the fund almost £400,000 a year.
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News
Schemes are unprepared for data hacking threat
PLSA Annual Conference 2016: Schemes must look past the immediate threat of pension liberation scams and stress test their systems against other types of fraud, including cyber crime, according to a panel of experts.
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Features
Oxford University Press tackles pensions fraud with data matching
The Oxford University Press pension scheme has volunteered to take part in the Cabinet Office’s National Fraud Initiative data matching exercise to help detect and prevent benefit fraud.
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News
Pensions Regulator: Cyber security should be key on risk registers
Trustee boards should be assessing their risk of cyber attack and taking steps to protect member data and scheme assets, the chief executive of the Pensions Regulator has said.
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News
Pensions dashboard prototype to launch by next spring
The Treasury has said it will be working with 11 pension providers to release a prototype of the pensions dashboard by March 2017.
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Features
Desire for better data sparks mortality study for Star Group
Star Group has decided to conduct a medically underwritten mortality study for its defined benefit scheme, as it works on tackling an increased deficit while reducing investment risk.
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News
DWP launches online tracing site as demand booms
The Department for Work and Pensions has launched a new website for the government's pension tracing service, as the number of people seeking their deferred pots has ballooned over the past decade.
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Opinion
Freedom and choice one year on – how far are we now?
April 2015 saw an expected flurry of activity, with tens of thousands of defined contribution members exercising their freedom and accessing their pension funds.
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News
PASA guidance urges schemes to prioritise GMP
The Pensions Administration Standards Association has issued guidance on guaranteed minimum pension reconciliation to help schemes through the process, as experts predict huge volumes rushing to complete in the coming months.
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Opinion
Sometimes it's hard to be a woman – 3 takeaways from the latest data
I’m sure Tammy Wynette didn’t have pensions in mind when she sang these lyrics in that classic country dirge.
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Opinion
Aligning admin systems in the pre and post-retirement worlds
There is a guiding principle to post-retirement investment strategy that simply states, ‘Do not run out of money’, but there are some hurdles to jump in order to meet liabilities.
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News
How schemes can protect their members online
Trustees must be extra vigilant in their assessment of online platforms and review data-handling processes to protect members from the growing threat of cyber crime, experts have said.
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News
How to engage your scheme with the press (or not)
Any Other Business: The pensions industry is very well served by the trade press and even national papers. But for schemes, talking to the press can be a daunting prospect, so when is best to do it and how can mistakes be avoided in the process?
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Opinion
Segmenting the membership – why it's done and how it works
Segmentation is a clearly identifiable trend in communications today. This is unsurprising, because information that is segmented talks directly to an individual’s situation and is a powerful way of engaging the user.