Admin / Technology

NEST has confirmed its long-term administration contract with Tata Consultancy Services.

The Environment agency has re-appointed Capita Hartshead as administrator to its two local government pension schemes, following a tender process.

CANADA - The Workplace Safety and Insurance Board of Ontario hired State Street to provide custody, accounting, securities lending and investment analytics to C$15bn ($24.3bn) in assets.

Premier Foods has outsourced the administration of the 45,000 member RHM Pension Scheme to Aon Hewitt.

LCP senior consultant Andrew Cox gives us the background for this month's discussion In the current economic climate, there is now more focus than ever on fees. Trustees need to ensure they are getting value for money from their administration provider....

Aegon has sold its third-party administration business to corporate consultants Goddard Perry for an undisclosed sum, saving 82 jobs.

CROATIA - The Croatian Pensions Insurance Institute (Hrvatski Zavod za Mirovinsko Osiguranje - HZMO) has implemented a new software programme to bring the fund's payment processes up to EU standards.

Increasing consolidation of third-party administrators poses risks for trustees, as data is transferred across different software systems, industry experts say.

Sponsored Administration Panel: Mercer pensions technical manager Rosie Kwok gives the background for this month's discussion

UK - BAA Pension Trust - the trustee of the BAA Pension Scheme - has appointed Xafinity Paymaster to provide third party administration services for their DB pension scheme covering over 20,000 members.