Admin / Technology

Third-party administrator MNPA has replaced its existing accounting software with a financial management programme from Profund.

Inefficiencies within the field of pensions technology have prompted a seldom-seen cooperation forming in the financial services. Gill Wadsworth looks at how the shared goal of achieving standardisation has become the driving force in testing times

Raising Standards of Pension Administration has published information on its website designed to help trustees, pension managers and administrators to follow defined contribution best practice.

Mercer has appointed Mike Williams as a principal and head of change management in its outsourcing business.

Spence & Partners has launched a data evaluation tool for scheme trustees and administrators.

Michael Kirk & Partners has added an all-inclusive fee proposition to its administration range.

Mike Woodall emphasises the importance of a good quality membership database to effective administration

The Pension Protection Fund has appointed Capita Hartshead to administer its compensation payments for the next five years.

Public sector pensioners who have been underpaid their benefits due to administrative errors dating back to 1978 will receive full arrears, the government has confirmed.

O&M Systems has added a consolidated pension review report to its profiler system in a bid to help IFAs provide switching advice.