Admin / Technology

Pension administrator rpmi has been appointed to administer the pension schemes for Forbo Flooring UK following a tender process.

Data must be fit for purpose on an ongoing basis as opposed to simply fit for certain event-driven activities, Xafinity Consulting says.

US/JERSEY - State Street has entered into an agreement to acquire Jersey-based fund administrator Mourant International Finance Administration in a move the firm claimed will make it the largest alternatives asset servicing company in the world.

The Arup UK pension scheme has appointed rpmi to provide it with administration services following a tender process.

Richard Reid has stood down from his role as chief executive following JLT Group's purchase of HSBC Actuaries and Consultants.

The Information Commissioner's Office has ruled Verity Trustees breached the Data Protection Act when unencrypted personal data of 110,000 scheme members was stolen from its software provider.

Xafinity Paymaster has hired Brian Please as business development manager in their insurance and payroll division.

The Pensions Regulator has launched a campaign to foster good governance and administration, as well as better management of pension scheme risks.

The pension fund industry is behind other sectors in data protection compliance, Wragge & Co says.

Companies under pressure from the economic environment are increasingly looking to outsource pensions administration to reduce costs, Mercer says.