Admin / Technology

Administering auto-enrolment is an "absolute nightmare" for large employers, according to Marks & Spencer.

RPMI's acquisition of Electricity Pensions Administration last week is part of a three-pronged strategy to grow its business, according to managing director of administration Robert Branagh.

Auto-enrolment and pressure on cashflows are forcing schemes and employers to re-examine their administration arrangements, providers and consultants say.

RPMI has bought Electricity Pensions Administration from E.ON UK in a deal which will see it taking over the administration of some of the UK's biggest schemes.

Incentivised transfer exercises have been backed by an administration industry trade body after pensions minister Steve Webb announced a crackdown on companies offering cash incentives.

Continuing defined benefit scheme closures have left three in ten schemes planning to outsource administration, according to research.

Mercer has launched an auto-enrolment service in a bid to help firms manage eligibility and scheme data.

The Daily Mail and General Trust has overhauled its employee financial awareness blog site in a bid to drive up member engagement.

UK pension schemes must break with the "Easyjet" model of administration if they want to deliver world class service levels to members, a consultant says.

Covenant monitoring will come under increased scrutiny from The Pensions Regulator because of current market turmoil, Mercer has warned.