Admin / Technology
Updated: Landmark GMP ruling 'significant challenge' for schemes
Defined benefit (DB) schemes that provide GMPs must revisit and, where necessary, top-up historic cash equivalent transfer values (CETVs) that have been calculated on an unequal basis, a landmark court judgment said last week.
Pension Sync teams up with My Digital to support new era of quantum employment
Technology platform PensionSync has partnered with quantum employment pioneer My Digital to help contractors and employers manage pensions as more workers do temporary work for multiple firms.
Capita partners with Intellica to tackle GMP equalisation challenges
Capita Pensions has partnered with data technology solutions firm Intellica to tackle the GMP equalisation challenges facing pension schemes.
Hewlett Packard renews TPA agreement with EQ Paymaster
The Hewlett Packard Retirement Benefit Plan has reappointed EQ Paymaster as its third-party administrator (TPA) for five years.
Register now: How is Covid-19 disruption driving digital transformation in pensions?
Schemes and their administrators have rightly received much praise for ensuring that pensions have continued to be paid in full and on time during an unprecedented period of disruption.
London Borough of Hammersmith and Fulham to transfer pensions administration services following review
The London Borough of Hammersmith and Fulham is looking to transfer its pensions administration service to a new provider towards the end of 2021, following an independent review.
PRAG updates guidance on cybercrime protection as 43 pension organisations report breaches to ICO over past two years
The Pensions Research Accountants Group (PRAG) has published updated guidance to help trustees protect their schemes from cybercrime.
Government launches GMP indexation consultation
The government has launched a consultation seeking views on its proposals on how it will continue to provide full indexation of public service pensions, including any GMP element.
Diligenta: Modernising and transforming administration
Professional Pensions spoke to Diligenta chief executive Daniel Praveen as part of an exclusive series of interviews with some of the finalists and winners of the UK Pensions Awards. This is what he had to say…
Stuart Heatley appointed as managing director of Capita Pensions
Capita has appointed Stuart Heatley as the managing director of its pensions business to succeed Nigel Purveur.
Partner Insight: Real-time admin - what matters most right now?
Barnett Waddingham’s Paul Latimer considers the year ahead
Trafalgar House appointed by Siemens Pension Schemes
Pension administration firm Trafalgar House has been appointed by the Siemens Benefits Scheme and the Siemens Healthineers Benefits Scheme.
Solution-focused schemes will bring dashboards to life
While the dashboard timeline needs to be flexible enough to help the least well-prepared schemes get ready, Nigel Peaple says schemes are being constructive and solution-focused.
GMP listings: A new layer of unexpected complexity
Alan Casey sets out how schemes can use HMRC GMP listings even where they are riddled with errors
Dalriada appoints Minerva to examine ESG compliance
Dalriada Trustees has appointed Minerva Analytics to assess its external asset managers’ ESG, voting and stewardship.
Hays scheme reappoints EQ Paymaster for admin work
The Hays Pension Scheme has agreed a six-year contract extension with EQ Paymaster to deliver services including GMP equalisation, data cleansing, and address tracing.
PASA publishes Covid-19 post-lockdown guidance for administrators
The Pensions Administration Standards Association (PASA) has published follow-up guidance for administrators as they navigate their way out of the Covid-19 lockdown.
Managing cyber risk in the face of Covid-19
As Covid-19 increases the vulnerability of businesses to cyber attacks, Charlie Wedin and Jonathan Hazlett look at key considerations for trustees and pension professionals.
Schemes urged to boost cybercrime protection following surge in criminal interest
Schemes and administrators have been urged to strengthen their cybercrime resilience after heightened criminal interest in the sector.
Exclusive: TPT to use Charles River for portfolio management
Workplace pension scheme TPT Retirement Solutions has agreed a deal for Charles River Investment Management Solution to manage its multi-asset pension portfolios on a single platform.
Efforts to tackle legacy issues must be accelerated
The government’s focus on pensions dashboards and pension transfer times will require the industry to improve its data accuracy and administrative efficiency, says Anthony Rafferty.
Unbiased launches pension calculator to help boost savings
Unbiased has launched a pension calculator to help the nation understand how much to save for retirement amid concerns that 37% of non-retired Brits do not know how big a pension pot they will need.
Exclusive: Hymans Robertson launches DB funding early warning tool
An “early warning” tool has been launched by Hymans Robertson to help defined benefit (DB) schemes understand which potential regulatory approach will be more suitable for their current funding strategy.
Aegon broadens Member Insights access to help schemes focus on their health
Trustees, corporates and consultants have been urged not to “forget the health of their scheme” during Covid-19 and to keep an eye on key member trends.
