All Administration articles
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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
Master trusts questioned over service quality and ‘robustness’
A new report has questioned whether defined contribution master trusts have the capacity and service quality to deal with system shocks, as the government looks for providers to boost their scale.
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In DepthIn Depth: Regulator’s new DC approach is a sign of things to come
Pensions Expert looks in detail at how the Pensions Regulator’s prudential approach to regulation is affecting all aspects of the industry.
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NewsSPP labels inheritance tax payment proposals ‘very problematic’
The Society of Pensions Professionals (SPP) has suggested alternatives to a government proposal that pension scheme administrators become liable for reporting and paying inheritance tax.
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NewsTPR moving towards prudential regulatory approach
The Pensions Regulator (TPR) intends to move to a more prudential style of regulation as pension schemes grow larger and the government encourages consolidation.
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NewsTyne & Wear, Teesside to create admin ‘centre of excellence’
The Tyne & Wear and Teesside pension funds have agreed a partnership to establish a shared administration function.
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NewsMarwyn targets admin sector with InvestAcc buy
London-listed Marwyn Acquisition Company II (MAC II) is to buy administration provider InvestAcc Group, with the aim of building a market-leading administrator for the UK.
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OpinionThe future of the Pension Scams Industry Group
After a decade of volunteer-led work on addressing scams in pensions, the Pension Scams Industry Group needs support and engagement in order to continue, writes its deputy chair Tommy Burns.
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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
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NewsTPR: Why pension administrators are in the regulator’s sight
Policy initiatives including pensions dashboards and value for money, as well as challenges including Covid and cyber leaks, have prompted The Pensions Regulator to change its approach to the regulation of administrators.
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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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NewsPensions admin: No longer the Cinderella function
Pensions administration is often considered a sleepy backwater for technical pensions nerds, but its time has come, and 2023 is going to be the year of the administrator.
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OpinionAdapting solutions to member needs in today’s world
The pensions landscape has changed rapidly over the past decade. Populations, wealth and technological advancements have all ballooned, with a huge impact on the pensions industry.
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FeaturesWill we see another ‘black swan’ year for pensions in 2023?
Will we see another 'black swan' year for pensions in 2023? A tidal wave of new legislation and regulatory guidance is in store for scheme sponsors, trustees and pension professionalsEnterkeywords.sh_embed {position: relative;height: auto;width:100%;z-index: 0;overflow: hidden;background-color: #222;color: white;font-family: 'Lato', 'Helvetica Neue', Helvetica, Arial, sans-serif;}.sh_embed * {-webkit-box-sizing: border-box;-moz-box-sizing: border-box;box-sizing: border-box;}.sh_embed .sh-embed-bg {position: ...
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NewsDWP details conditions for schemes to defer dashboards deadline
Pension funds will only be allowed to defer their dashboards staging deadline if they are transferring data to a new administrator or are in the process of retendering their scheme administration, new guidance has revealed.
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NewsPHSO finds ‘maladministration’ in DWP’s complaint handling
On the go: The Parliamentary and Health Service Ombudsman has found evidence of “maladministration” in the Department for Work and Pensions’ communication about changes in women’s state pension and in its complaints handling.
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OpinionHow to apply for dashboards staging deadline deferral
With the legal framework expected to come into force in December, the countdown has begun for connecting to the pension dashboards.
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NewsDWP concedes to industry demands on dashboards lead time
The Department for Work and Pensions has recognised its proposed 90 days pensions dashboards lead time “creates challenges” for schemes and administrators, and will now give providers a six-month notice before the project goes live.