The Pensions Administration Standards Association (PASA) has published its code of conduct on administrator provider transfers in hope of ironing out issues in the industry.
The code sets out the manner in which ceding administrators and newly appointed administrators should act, and interact, in the case of a transfer. It applies to third party administrators (TPA) as...
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.