Admin / Technology

There is little evidence that competition between third party administrators (TPA) has any impact on fees, research shows.

PwC has launched an online analysis platform it says will transform the actuarial advice market and allow schemes and sponsors to make quicker, better informed decisions.

The average per member cost of implementing a new administrator is over seven times more for a 200 member scheme than a 10,000 scheme, research shows.

Employee benefits consultancy LEBC has developed an online auto-enrolment (AE) service aimed at employers of 100-250 workers.

Lord John Hutton is to leave his role as MyCSP chairman, it has been announced.

Around half of respondents said there is enough information out there for trustees on third-party administration.

The Tax Incentivised Savings Association (TISA) is to develop guidelines helping firms deal with data around lost customers and unclaimed assets.

There is a strong link between companies being paternalistic and wanting to administer their pension schemes in-house, Tesco corporate pension manager Karen Wake says.

Administration services have been treated as "Cinderella" for too long leading to a lack of focus on accuracy, the chairman of an industry pension scheme says.

The Merchant Navy Officers Pension Fund (MNOPF) is to rebrand its third party administration and trustee services businesses, MNPA and MNTS, as Ensign.