Exclusive: Warning industry has spent millions on 'wrong tech solutions'

clock •

The industry has spent "millions" on inadequate technology and must take it "more seriously" in order to improve member experience, says an IT specialist.

Speaking at the Pensions Management Institute's Technical Seminar, SBC Systems managing director James Markham said the prevalence of straight through processing (STP) in insurance, retail and e-co...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

British Coal scheme appoints Brightwell as administrator

British Coal scheme appoints Brightwell as administrator

Firm to take over admin of the scheme from October 2027

Alex Levy
clock 11 November 2026 • 2 min read
Public Accounts Committee launches probe into civil service pensions crisis

Public Accounts Committee launches probe into civil service pensions crisis

Inquiry will be informed by NAO report on the transfer of CSPS to Capita in December 2025

Jonathan Stapleton
clock 04 November 2026 • 2 min read
From feasibility to delivery: building a more connected pensions system

From feasibility to delivery: building a more connected pensions system

Maurice Titley and Kim Gubler discuss the opportunities of small pot consolidation

Maurice Titley and Kim Gubler
clock 02 November 2026 • 8 min read
Trustpilot