Admin / Technology

Collating accurate data is imperative for employers seeking to launch corporate wrap platforms to ensure members can access all of their benefits, industry experts say.

The Staff Superannuation Fund of Palmer and Harvey has appointed Barnett Waddingham to act as its actuaries, administrators and consultants.

Some small schemes could be paying £56,000 more in annual actuarial fees than their peers, research from Kim Gubler Consulting reveals.

AUSTRALIA - Australia's savings could grow by another billion dollars a year with the use of better back-office administration, former corporate regulator Jeremy Cooper has said.

UK - An Association of Member Nominated Trustees and Directors is set to be launched this year in response to growing demand within the industry.

GLOBAL - Aon Hewitt will deliver cost savings of $355m (£235m) a year through cuts in both back and front office operations, Aon Corporation has said.

Trustees must act now to improve data quality, using the Pension Regulator's 2012 deadline for better standards of record keeping as an incentive, MetLife Assurance says.

UK - Xafinity has bought PricewaterhouseCoopers' scheme actuary, pensions administration and investment consulting business for an undisclosed sum.

The level of complaints received by The Pensions Advisory Service should be used as a key benchmark for data and administration standards, Independent Transition Management says.

As more administrators adopt straight-through processing, Laura Blows explores STP's growing importance and how best to implement the process