The coronavirus crisis has highlighted the need for the industry to embrace technology in order to improve administration processes and data, says Girish Menezes.
The trustees of the Dolce Limited Retirement Benefits Scheme have selected First Actuarial to provide administration and actuarial services from this month.
Covid-19 has thrown up key questions on adaptability, administration processes and new working methods for the LGPS. Ian Colvin takes a look at how funds have responded and the changes that lie ahead.
Tim Hodgson looks at how technology will impact the way defined contribution funds are delivered and administered.
The dashboard is reliant on all schemes having data readily available, but this is not yet the case for many DB schemes. Paul McGlone says this is a challenge the industry must work to overcome
The Pensions Administration Standards Association (PASA) has issued special guidance for administrators as they grapple with the Covid-19 crisis.
Quietroom's Simon Grover gives five communication tips on what pension schemes can do to reassure their members about the effects of the coronavirus pandemic.
The reconciliation and rectification sub-committee of the Guaranteed Minimum Pension Equalisation Working Group (GMPEWG) has published guidance on when to rectify for the effects of equalisation.
Business resilience is not just ensuring people can work from home, but that administration can continue without human help, says Kim Gubler.
Which? has called for urgent introduction of a comprehensive pensions dashboard after an investigation revealed how the current system leaves workers struggling to track down their retirement pots.
Almost one in five (19%) people do not access information about their pensions, research by the Association of British Insurers (ABI) and research consultancy Populus has found.
The Financial Conduct Authority (FCA) has admitted to a data breach which saw confidential information accidentally made publicly available.
The pensions industry still has a number of questions following the publication of HM Revenue and Customs’ (HMRC) guidance on tax issues covering GMP equalisation.
HM Revenue and Customs (HMRC) has published guidance on the pension tax issues arising from equalising benefits for the effect of inequalities in guaranteed minimum pensions (GMPs).
PASA’s DB transfers code of good practice is asking the industry to commit to delivering faster, safer transfers. Holly Roach reports
The Association of Consulting Actuaries (ACA) is calling on the Pension Protection Fund (PPF) to review how insolvency risk methodology will change from next year.
Premier has received accreditation from the Pensions Administration Standards Association (PASA).
Investment consultant Redington has launched a global analytics and scoring system to compare pension provisions across various defined benefit and defined contribution schemes.
Fragmented data will make it difficult for pension schemes to boost their business intelligence, but this is increasingly important in the fight to engage members, says Emma Douglas.
Lessons must be learned from open banking in order to make the pensions dashboard a success for the modern saver, says Darren Philp.
Pension providers must now be proactive and prepare their data in order to be ready for the pensions dashboard, Guy Opperman has warned.
The government must now bow to pressure and allow providers to choose whether to send standardised, simpler pension statements, says Baroness Ros Altmann.
There is a growing need for schemes to improve governance. John Reeve says better trustee support will improve their ability to meet these increasingly onerous requirements
Communication is essential in a pensions environment governed increasingly by defaults, and with more schemes in distress. James Phillips joined a panel of experts to hear how it can be improved.