Admin / Technology

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.

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.

Aegon's announcement that it is winding up its third-party administration business is "not a surprise" as the market heads towards further consolidation, industry experts say.

There is something of a dichotomy in the third-party administration industry.

Aviva is launching a free smartphone application to make pensions planning simpler and more accessible.

UK - Aegon is set to wind down its UK trustee solutions business which provides third party administration services.

Aegon is set to wind down its Daresbury-based trustee solutions business which provides third party admin services.