Admin / Technology

Aon Hewitt service lead for GMP reconciliation Matt Ashton-Smith talks about GMP reconciliation and asks why it is now the biggest project priority for schemes

Poor quality data will hamper the ability of schemes to deal with guaranteed minimum pension (GMP) reconciliations and increase costs, according to research from Aon Hewitt.

More than one third of pension schemes experienced fraud this year as risks to members were increased by the introduction of the April freedoms, according to research by RSM.

Administrators should speak the language of their customers to improve member outcomes says MyCSP.

Pension organisations must take cyber security seriously and beef up their resources to handle the threat warns Equiniti.

Reviewing TPA contracts could save schemes a packet

The Pensions Administration Standards Association (PASA) has stepped up its campaign to help administrators deal with the end of contracting out in 2016.

The Financial Reporting Council (FRC) is proposing changes to FRS102 in response to concerns that the revised UK accounting standard is not cost effective.

Hymans Robertson has been awarded a gold standard in administration from the Pensions Administration Standards Association (PASA).

Premier has adopted the web based platform PFaroe designed by RiskFirst to allow trustees and sponsors to get real time data on their schemes.