GERMANY/UK - The Deutsche Postbank pension scheme achieved straight-through processing rates of over 99% according to its payment processing supplier JPMorgan Treasury Services.
This means nearly all of its daily 30,000 UK transactions are processed automatically, dispensing with the need to retype pensions data several times before it ends up in the correct format.
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.