Admin / Technology
Govt must engage public more as one in 10 unaware of dashboard
The government has been urged to involve more consumers in the development of the pensions dashboard as YouGov research showed more than 90% have not heard about it.
Why more schemes can and should offer partial transfers
Steve Webb says as schemes may have to invest in systems to generate regular transfer values, offering valuable partial transfers shouldn't be too burdensome.
Industry says dashboard 'unlikely' to be ready by 2019
Most respondents were sceptical the dashboard could be delivered within two years
Xafinity: Possible scam activity in transfer requests falls marginally
The frequency of potential scams in transfer requests declined three percentage points compared to last year, according to Xafinity.
How psychology can improve pension communications
Schemes should better communicate to members by tapping into their emotions and developing a coherent strategy, and using specific techniques. Kim Kaveh reports from PP's DC Conference.
ABI: Dashboard needs legislation to avoid patchy coverage
The Association of British Insurers (ABI) has said legislation will be required to ensure the pension dashboard has wide enough coverage so it can work for everyone.
Capita: Boards should nominate a trustee to coordinate cyber security policy
Boards should assign responsibility to coordinate and develop their scheme's cyber security policy to one particular trustee, according to Anish Rav.
RPMI Railpen takes steps to improve investment decision-making
RPMI Railpen, which manages the £25bn Railways Pension Scheme, has adopted a performance attribution solution to help it monitor and improve its investment process.
Trustees must act now on common and conditional data as deadline looms
Experts have urged trustees to take common and conditional data more seriously ahead of the 2018 deadline for their inclusion in scheme returns.
Trustees must push sponsors to boost cyber security as 10% of FTSE 350 lacking response plans
Trustees are being urged to push their sponsoring employers for better cyber security protocols after a government study found many do not have comprehensive action plans.
Mooted change to accounting standard 'could see cash contributions slashed'
A planned amendment to IAS 19 under consideration by the International Accounting Standard Board (IASB) could have big consequences for scheme funding arrangements.
How a rise in transfer quote requests can result in extra admin fees
The sharp increase in transfer requests since the freedoms could breach activity triggers and incur extra transactional fees for some schemes, writes Michael Klimes
LGSS Pensions hires ITM for GMP reconciliation projects
LGSS Pensions has partnered with ITM to complete guaranteed minimum pension (GMP) reconciliation projects for four public sector funds.
PMI to undertake 'root and branch' review of qualifications
Pensions Management Institute (PMI) will review all of its qualifications as it seeks to adapt its offering to the changing pensions landscape.
Exclusive: PASA pilots master trust administration standard
The Pensions Administration Standards Association (PASA) is piloting an administration accreditation standard for master trusts PP can reveal.
BlueSky appoints Mobius Life as TDF administrator
BlueSky Pension Scheme has appointed Mobius Life to administer a range of target-date funds (TDFs), Professional Pensions has learned.
How the PPF is insourcing member services
Having successfully brought PPF member services in-house, the lifeboat fund will do the same for FAS administration to lower costs and deliver customer satisfaction. The PPF speaks to Stephanie Baxter.
GMP equalisation should be axed, says industry
Respondents say GMP equalisation is too complex, costly, and should be binned.
Snowdon: Pilot dashboard could build more confidence in project
The industry should consider the creation of a pilot dashboard to test any problems before the real one goes live in 2019 says Margaret Snowdon.
Administration: To outsource or not to outsource
The third-party administration market has seen an influx of schemes outsourcing for the first time. Daniel Taylor asks whether schemes should outsource or stay in-house
Technology and culture will lead to 'Uber moment' for saving
Changes in work culture and technology will lead to an 'Uber moment' for savings at some point in the future, Bravura business development manager Natanje Holt believes.
GDPR is already impacting administrators
Girish Menezes says schemes need to re-evaluate their data protection in light of the forthcoming EU regulation and increased cyber risks.
Sweden's pension dashboard offers salutary lessons for the UK
The Swedish dashboard was launched 13 years ago but its progress has not been straightforward. Its chief executive Anders Lundström speaks to Michael Klimes
Are employees being empowered by financial education in the workplace?
Michael Klimes asks if the tools that companies use to help staff understand pensions and finance are sufficient
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