In our third Professional Pensions administration survey, Helen Morrissey looks at what trends are emerging in the admin market. What proportion of schemes are looking to outsource, what impact will auto-enrolment have on scheme administration and how are the costs stacking up?
Over 170 respondents, between them administering more than 2.3 million active members and over 6.3 million members combined, took part in this year’s survey. Overall, 63% describe their occupation as a...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.