All Technology articles
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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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NewsBad app experiences could hit VfM assessments, research warns
With customer service set to form a major part of Value for Money assessments, new research shows that there is still much for DC providers to do to improve their digital interfaces.
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NewsDashboards: ‘Foundations laid’ for testing as more than 40m accounts connected
The figure includes more than six million members administered by Capita, as the service provider becomes the latest to announce its connection.
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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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FeaturesHow to keep consumers coming back to pensions dashboards
As the Money and Pensions Service gears up to test its MoneyHelper pensions dashboard, Ellie Duncan explores how the industry can ensure that consumers get the most from this new service.
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FeaturesGetting from ‘view only’ to ‘interactive’: what dashboards could do next
Pensions dashboards are being heralded by the industry as a tool that will encourage consumers to locate and engage with their pension pots. But once the data is viewable, what could happen next?
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NewsRailpen launches AI governance framework for investors and companies
Railpen has teamed up with Chronos Sustainability to translate principles for the responsible use of artificial intelligence technologies into an investor-ready assessment and engagement tool.
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FeaturesWhat open banking can teach us on pensions dashboards
As more and more pension schemes and providers are connecting to the dashboard data ‘ecosystem’, Ellie Duncan – author of Open Banking and Financial Inclusion – explores the lessons the pensions industry can take from the technology revolution in UK banking.
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NewsStop tweaking and start transforming pensions, says tech provider
UK policymakers must rethink the meaning of pension adequacy and use established solutions as benchmarks to deliver better retirement outcomes, according to Festina Finance, a European pension administration technology provider.
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NewsOne-size-fits-all retirement ‘no longer enough’, research suggests
Two thirds of pension savers polled by YouGov want greater flexibility when accessing their retirement savings.
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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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OpinionAI in pensions: An opportunity not to be missed
The rise of artificial intelligence has sparked the interest of policymakers, but trustees understandably may be more cautious. IGG’s Lou Davey looks at the risks and rewards of using this technology in pension scheme governance.
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NewsPension managers expect spike in member activity from dashboards
As the first deadline for connection to the pensions dashboards ecosystem passes, new research shows that almost a third of pension schemes are expecting a surge of activity in the first month once dashboards go live.
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NewsThree quarters of pension savers lack access to adequate technology from providers
New research from Bravura Solutions unearths a worrying lack of pensions technology that is hampering engagement.
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NewsSurvey shows artificial intelligence use is growing across the pensions industry
The use of artificial intelligence technology in the pensions sector is expected to increase dramatically over the next decade, with 41% of professionals expecting it to be used in up to half of their firm’s services.
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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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News
Bulk annuities latest: Utmost to overhaul IT infrastructure
Plus, buy-in deals sealed by Standard Life and Legal & General worth a combined £620m.
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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.