Admin / Technology

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.

Defined benefit (DB) scheme closures and increasing bulk annuity exercises are driving an increase in schemes outsourcing their administration, research from Aon Hewitt shows.

Pension schemes and insurers should be forced to use "all means available" in a bid to trace five million lost members of final salary schemes, Equiniti Paymaster says.

Heineken UK has appointed Capita Employee Benefits (CEB) on a five-year contract to provide administration services to the Scottish & Newcastle Pension Plan (SNPP).

The Pensions Regulator (TPR) is set to consider bringing administrators for defined contribution (DC) schemes under some form of regulation in order to ensure their "successful operation".

Dairy producer Adams Foods has appointed Punter Southall to provide administration support to its pension scheme as it outsources for the first time.

Last week saw the long-awaited publication of the Pensions Administration Standards Association's (PASA) code of conduct for provider transfers.