Admin / Technology
Dashboards 'need legal duty' to put savers' interests first
Savers could be at risk if no legal duty to put their interests first is placed on commercial pensions dashboards, The People's Pension has warned.
The key considerations for dealing with GMP equalisation
Panellists at a PP webinar discuss October's High Court judgment on GMP equalisation, how schemes have responded, what their strategies should be, and how the industry can approach it.
Buck unveils solution to GMP equalisation challenge
Buck has launched a solution to help pension schemes equalise guaranteed minimum pensions (GMPs) in a cost effective way with minimum hassle.
EXCLUSIVE: TPR to consider mandatory use of professional trustees
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.
A controversial consultation on pensions dashboards
Henry Tapper says proposals to tender the data architecture, putting one organisation or consortium as sole pension finder - are proving contentious
New legal services procurement framework launched for LGPS
The local government pension scheme (LGPS) frameworks have launched their latest procurement framework for legal services.
Approaching a watershed in scheme admin
A growing number of schemes are looking at ways to address their admin challenges. Heather Quelch says consolidation could be one option to consider
Margaret Snowdon: Stick to your principles and have courage
The Pensions Administration Standards Association's Margaret Snowdon won the coveted Pensions Woman of the Year award. She tells Stephanie Baxter about lessons she has learned along the way.
Industry welcomes dashboard feasibility report but strong governance 'essential'
The industry has welcomed the Department for Work and Pensions' (DWP) feasibility report into the pensions dashboard as a move towards improving member outcomes.
Reliable data central to confidence in dashboard
Ros Altmann says there is no need for any legislation to get the dashboard project moving, and the first step could be to sort out data accuracy and reliability issues
DWP gives go-ahead for gradual rollout of dashboard; plans for compulsion
The Department for Work and Pensions (DWP) has published the pensions dashboard feasibility study, nine months after it was originally due.
WPC letter urges government to legislate for pensions dashboard
The chairman of the Work and Pensions Committee Frank Field has written a letter to the pensions minister urging him to commit now to legislation for the pensions dashboard.
The future of retirement income solutions
Kim Kaveh gauges industry views on how to improve outcomes through innovation and engagement in the post-freedoms world.
Why we need to pay more for pensions administration
Peter Askins says the industry needs to recognise that if administration standards are to be maintained and improved, this will come at a cost
Exclusive: Smart Pension to launch financial well-being app
Smart Pension will roll out an online financial well-being application to help members make decisions about their money in Q1 next year.
PensionBee to bring pension balances to Money Dashboard app
PensionBee has teamed up with Money Dashboard to create a joint space for customers to see their pension balance alongside all their other existing finances.
Equiniti buys Aquila to take ownership of its Administrator platform
Equiniti Group has bought Aquila from AquilaHeywood for an undisclosed sum.
PwC teams up with Moody's Analytics for IFRS 17 services
PwC and Moody's Analytics will collaborate on a range of technology, implementation and consulting solutions for actuarial and accounting systems.
Equiniti wins nuclear pensions contract
The Combined Nuclear Pension Plan has appointed Equiniti as its administration provider.
PASA launches GMP guidance ahead of Lloyds ruling
The Pensions Administration Standards Association (PASA) has launched its latest round of guidance for guaranteed minimum pensions (GMPs).
LGPS procurement frameworks expand to member data services
The national procurement frameworks for the Local Government Pension Scheme (LGPS) has been expanded to include member data services.
KAS Bank launches currency overlay solution for pension funds
Dutch custodian KAS Bank has created a fintech solution to help schemes save on costs and improve transparency of currency hedging strategies.
ITM acquires Faraday Tracing Bureau
ITM has announced it has acquired Faraday Tracing Bureau (FTB) for an undisclosed sum.
SPPA asks Scottish government for £18.4m after Capita IT project cancelled
The Scottish Public Pensions Agency (SPPA) has requested £18.4m from the Scottish government over the next five years in order to deliver a replacement IT project after a Capita project was cancelled.
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