Trustees urged to be wary of 'tech debt'

Trafalgar House says trustees should ensure tech systems are up to date

Jasmine Urquhart
clock • 1 min read
Trafalgar House managing director Garry Wake
Image:

Trafalgar House managing director Garry Wake

Pension scheme trustees should be aware of “tech debt” and ensure their administration systems are up to date, Trafalgar House has said.

The pension administration firm said trustees should be aware of the "burgeoning threat" of technology debt – when businesses select "quick fixes" or postpone essential upgrades instead of investin...

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