The Pensions Administration Standards Association (PASA) has launched its first round of guidance to help administrators, trustees and employers assess the quality of their data.
The guidance, which will be updated as necessary, covers three key areas - the assessment of data quality; managing risk and meeting compliance; and impact assessment. It also looks at areas including...
Fragmented data will make it difficult for pension schemes to boost their business intelligence, but this is increasingly important in the fight to engage members, says Emma Douglas.
Lessons must be learned from open banking in order to make the pensions dashboard a success for the modern saver, says Darren Philp.
Pension providers must now be proactive and prepare their data in order to be ready for the pensions dashboard, Guy Opperman has warned.
The government must now bow to pressure and allow providers to choose whether to send standardised, simpler pension statements, says Baroness Ros Altmann.
There is a growing need for schemes to improve governance. John Reeve says better trustee support will improve their ability to meet these increasingly onerous requirements