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
Image:

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, ...

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 Industry

IFoA urges chancellor to focus on guided retirement

IFoA urges chancellor to focus on guided retirement

Pensions board chair says frameworks need to be reviewed, suggesting a roadmap

Jasmine Urquhart
clock 11 July 2025 • 1 min read
UK GDP falls by 0.1% in May 'increasing chances' of August rate cut

UK GDP falls by 0.1% in May 'increasing chances' of August rate cut

Second monthly decline in a row, but lower than April's 0.3% decline

Sorin Dojan
clock 11 July 2025 • 3 min read
Nest returns profit of £11.9m in 2024/25

Nest returns profit of £11.9m in 2024/25

Annual report shows 9.9% five-year returns for 2045 growth phase fund

Jasmine Urquhart
clock 11 July 2025 • 2 min read
Trustpilot