Admin / Technology

Hurdles remain before dashboard implementation, writes Holly Roach.

The technological developments arising out of the pandemic will change the pensions industry forever, says Darren Philp.

The GMP Equalisation Working Group has published further good practice guidance covering the tax issues relating to the equalisation of GMPs.

Capita Pensions has signed a five-year contract extension with the £66.5bn Universities Superannuation Scheme (USS) to continue to deliver the fund’s pension system and administration support.

The government must work with HM Revenue and Customs (HMRC) and the wider industry to clarify GMP equalisation uncertainties, Mercer says.

Around two-thirds (77%) of Local Government Pension Scheme (LGPS) funds have received a claim relating to historic transfers over the past 12 months, according to Eversheds.

Schemes need more certainty over the data they will have to provide for dashboards, as the minister is expected to take a heavier stance in 2021, experts say.

The Institute and Faculty of Actuaries' Patrick Kelliher and Vanessa Jaeger look at the key cyber risks faced by pension schemes, who is responsible for managing these risks, and how these risks may be managed.

The UK pensions sector is in dire need of a technology revolution – and there are plenty of forces at play to push and pull the industry into the 21st century.

After a year that took everyone by surprise, experts tell Professional Pensions what could be on the horizon for technology in 2021.