Trustees urged to read small print to avoid admin overcharge

Michael Klimes
clock

Some third-party administrators are charging schemes huge exit fees when they move to a new provider. Michael Klimes finds out what trustees can do to minimise these

At a glance Trustees must read the contractual details about exit fees  TPAs should follow admin guidelines from the PMI and PASA Administration is the unloved child in the pensions in...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

Capita and Civil Service issue joint statement on CSPS pension issues

Capita and Civil Service issue joint statement on CSPS pension issues

Statement apologises that members are not getting the service they deserve

Jonathan Stapleton
clock 29 January 2026 • 2 min read
PASA publishes second round of digital administration guidance

PASA publishes second round of digital administration guidance

Second of three parts of guidance looks at planning the digital transformation journey

Holly Roach
clock 20 January 2026 • 2 min read
AI in pensions admin: Start with members, not technology

AI in pensions admin: Start with members, not technology

Isio's Girish Menezes says AI’s true value lies in helping schemes deliver for members at the moments that matter

Girish Menezes
clock 16 January 2026 • 6 min read
Trustpilot