Reducing churn in administration

What do schemes need to consider before switching providers?

clock

When a scheme is dissatisfied with its third-party administrator (TPA) it seems to make sense to change provider. However, there are many potential unintended consequences of switching provider which can lead to extra cost and inefficiencies all of which can cause major disruption to the scheme.

So what are the options available to schemes looking to get best value from their TPA? What are the factors that lead to schemes considering a change in provider and how can these issues be mitigat...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

PASA re-accredits seven corporate members

PASA re-accredits seven corporate members

Members include consultancies, law and trustee firms, LGPS funds, and the UKPNPS

Jasmine Urquhart
clock 09 May 2024 • 1 min read
PDP publishes updated data standards

PDP publishes updated data standards

Update sets out data requirements for finding and viewing pensions information

Jasmine Urquhart
clock 01 May 2024 • 1 min read
FCA publishes dashboard modification

FCA publishes dashboard modification

Modification means firms will be COBS 19.11 compliant when they connect to CDA

Jasmine Urquhart
clock 30 April 2024 • 1 min read
Trustpilot