Admin / Technology
DWP publishes GMP conversion guidance
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
What GMP conversion guidance will mean for schemes
GMP conversion guidance is expected imminently, but what will it mean for schemes? Maurice Titley looks at the next steps for trustees.
My concerns over DB data and dashboard
Paul McGlone says let's start with the basics, re-unite members with their DB schemes, and provide some very basic information
Dashboards - what's next for schemes?
The DWP has published its response to its consultation on the pension dashboards - asking the industry for support in the delivery. Holly Roach looks at what schemes need to do now to prepare.
The glass is half full for the future of dashboards
Darren Philp says while the DWP's response to the pension dashboard consultation is a step forward, there is still much to do to ensure success of the project
XPS launches GMP equalisation service for schemes
XPS Pensions Group has launched an 'EqualGMP' service for pension schemes to navigate through the process of equalising guaranteed minimum pensions (GMP).
We have more to do on pensions scams
Margaret Snowdon says while there has been progress on tackling scams, particularly on cold calling, trustees are not out of the woods yet
Schemes make slow progress with GMP equalisation five months on
Many schemes are still sitting on their laurels despite the High Court judgment on equalising GMPs being handed down five months ago. Holly Roach explores how much progress has been made.
Barnett Waddingham achieves PASA reaccreditation
Barnett Waddingham is the latest organisation to achieve reaccreditation from the Pensions Administration Standards Association (PASA).
95% of JLT's pension clients now quoting transfer values allowing for GMP equalisation
The vast majority of JLT Employee Benefits' clients have moved to the new equalised basis since the consultancy enabled pension schemes to calculate transfer values to allow for guaranteed minimum pension (GMP) equalisation.
PASA releases first round of data guidance
The Pensions Administration Standards Association (PASA) has launched its first round of guidance to help administrators, trustees and employers assess the quality of their data.
Good communications are more important than ever
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point
Aligning pensions admin with the 21st century
Holly Roach speaks to PASA's Kim Gubler about the year ahead, how technology is developing to help the industry and the benefits of the pensions dashboard.
Industry must step up planning to achieve desired GMP outcomes, says Aon
The industry needs to step up efforts to ensure guaranteed minimum pension (GMP) equalisation exercises are completed in time, and in a cost effective way, according to Aon.
Dashboard challenges must be resolved ahead of 2019 launch
As the consultation closes, the industry is supportive but the DWP still has a tough task ahead. Holly Roach reports on the issues it faces
TPR confirms end to 'serious' admin issues at Now Pensions
Now Pensions has overhauled its administration system after historic issues caused a failure in collecting and investing around 265,000 members' contributions.
Dashboards 'need legal duty' to put savers' interests first
Savers could be at risk if no legal duty to put their interests first is placed on commercial pensions dashboards, The People's Pension has warned.
The key considerations for dealing with GMP equalisation
Panellists at a PP webinar discuss October's High Court judgment on GMP equalisation, how schemes have responded, what their strategies should be, and how the industry can approach it.
Buck unveils solution to GMP equalisation challenge
Buck has launched a solution to help pension schemes equalise guaranteed minimum pensions (GMPs) in a cost effective way with minimum hassle.
EXCLUSIVE: TPR to consider mandatory use of professional trustees
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.
A controversial consultation on pensions dashboards
Henry Tapper says proposals to tender the data architecture, putting one organisation or consortium as sole pension finder - are proving contentious
New legal services procurement framework launched for LGPS
The local government pension scheme (LGPS) frameworks have launched their latest procurement framework for legal services.
Approaching a watershed in scheme admin
A growing number of schemes are looking at ways to address their admin challenges. Heather Quelch says consolidation could be one option to consider
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