Admin / Technology

Penny Green talks about raising administration standards and keeping on top of data

The current time it takes for pension schemes to complete the wind-up process is "Dickensian", The Pensions Regulator says.

The Pensions Regulator is urging trustees and administrators to adopt a tool that will speed up reconciliation of data in contracted-out pension schemes, by up to two years.

US - The California Public Employees' Retirement System (CalPERS) has bought the rights to portfolio construction software to implement across its hedge fund and equity portfolios.

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.

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....

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

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