Admin / technology

Data Transfers: Devil in the Detail

Professional Pensions | 27 Nov 2014 | 14:27 | To read this article you must be a subsriber

Data transfer has always been an unloved subject among trustees but the recent troubles experienced by ex-civil servants not being paid pensions has shed light on the importance of getting transfers right. Michael Klimes looks at how the industry is confronting the problem.

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david-fairs-1

ACA calls for ‘radical overhaul’ of pensions tax system

The current pensions tax system is “entirely incompatible” with scheme designs that could be introduced under the Pensions Schemes Bill, Association of Consulting Actuaries (ACA) chairman David Fairs has warned.

Professional Pensions | 27 Nov 2014 | 11:53

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Industry Voice: In data we trust - what makes a bulk annuity transaction successful?

Aviva looks at the three things it believes are crucial to the success of the de-risking process and how to arrive at these 'happy endings'.

Professional Pensions | 25 Nov 2014 | 00:05

Admin / Technology Articles

piles-of-pounds

Exclusive: Hymans launches LGPS monthly valuation tool

Hymans Robertson has launched a monthly asset valuation tool for local government pension schemes (LGPS) that could save them up to 50% on valuation fees.

Professional Pensions | 17 Nov 2014 | 13:31 | To read this article you must be a subsriber

pettitt-paul-origo

Origo cuts pension transfer times to 45 minutes

Origo has cut the time taken to switch pensions using its Options Transfers service to 45 minutes.

Professional Pensions | 17 Nov 2014 | 13:03 | To read this article you must be a subsriber

Administration

DC administration – have you checked the small print?

As the time to implement Budget flexibilities draws near Helen Ball highlights the administrative implications that trustees need to consider.

Professional Pensions | 12 Nov 2014 | 14:30 | To read this article you must be a subsriber

distress-woman

MyCSP debacle is a warning about perils of data transfer

The revelation that MyCSP has thousands of members which have experienced delayed or missed payments; is a stark tale about the difficulties of data transfer.

Professional Pensions | 10 Nov 2014 | 16:56 | To read this article you must be a subsriber

virginia-burke

MyCSP blames Capita backlog for payment delays

MyCSP has blamed a backlog of 47,000 member enquiries inherited from Capita when it took administration in-house for delayed payments to members.

Professional Pensions | 10 Nov 2014 | 14:27 | To read this article you must be a subsriber

cracknell-michelle-tpas

TPAS trials tool to assess financial personality of callers

The Pensions Advisory Service (TPAS) is trialling a financial capability tool to help prepare for its future role as a provider of free guidance to savers.

Professional Pensions | 04 Nov 2014 | 17:30 | To read this article you must be a subsriber

agency-innovation

FCA could relax rules to encourage innovation in pensions

The Financial Conduct Authority (FCA) is ready to relax regulation to encourage technological innovation in the pensions industry and other financial services.

Professional Pensions | 03 Nov 2014 | 10:17 | To read this article you must be a subsriber

telephone-reciever

EXCLUSIVE: MyCSP admits to payment delays after admin transfers

MyCSP has admitted it is experiencing problems with delayed payments after transferring its admin in-house and shifting its 1.5 million members onto a single administration system.

Professional Pensions | 31 Oct 2014 | 09:55 | To read this article you must be a subsriber

Photo of a hand holding a magnifying glass examining a tablet computer

Technology: Should trustees be afraid of their iPads?

Michael Klimes looks at whether advances in IT are helping or hindering trustees.

Professional Pensions | 22 Oct 2014 | 12:30 | To read this article you must be a subsriber

Security threats - password theft

Cartwright Group adopts Procentia admin system

Cartwright Group has adopted Procentia’s Intellipen platform for its pension administration in a move to help clients access information.

Professional Pensions | 22 Oct 2014 | 11:51 | To read this article you must be a subsriber

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Pensions library

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A guide to Pensions Stability

 

This guide to Pensions Stability explores the new financial and operational model for defined benefit (DB) pension schemes. Pension schemes are still being run with far greater risk than is necessary and there is an opportunity to create a more stable pensions environment for trustees and sponsors.

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Joint institute pensions survey 2014

 

This inaugural survey among 326 members of the Chartered Institute of Personnel and Development (CIPD) and the Pensions Management Institute (PMI) asked whether auto-enrolment will deliver on its goals; if contribution rates for employees and employers need to rise; and whether pensions tax relief needs further reform.

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