Can schemes analyse the accuracy of their own identification data?

PASA experts discuss whether schemes may need to appoint a third-party agency

clock • 3 min read
PASA's Kristy Cotton and Alan Clay
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PASA's Kristy Cotton and Alan Clay

Data accuracy continues to be an ongoing challenge for pension schemes – while there’s an increased focus on this ahead of dashboards, it’s also one of the key principles of Article 5 GDPR which states: “Personal data shall be…accurate and, where necessary, kept up to date.”

Given there's a drive for better engagement, this can't be fulfilled unless you can contact the saver and they receive the correct information. While other measures of data quality - completeness, ...

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