Girish Menezes looks at how trustees can start preparing their data for a buyout
With the use of digital rapidly rising, data security remains a critical concern, writes Holly Roach
Regulator says data will be ‘vital’ to drive the improvements needed to protect savers
The guidance covers data readiness for firms completing buy-in and buyout exercises
Data still isn’t being prioritised by some schemes but needs to be in dashboard run-up
Research found most pension schemes and TPAs plan to buy an integrated ISP solution
Aon says there is ‘direct link’ between data quality and pricing
Challenges include the volume of new regulations, and a range of data issues
The guidance provides a list of various data sources to help accurately identify members
Percentage of those saving for retirement has gone up by a third since AE launched