Service credits are a useful feature of administration contracts, tying performance with fee levels, but they are rarely used. Daniel Taylor argues why more contracts should include them.
Trafalgar House has launched a self-assessment tool on administration standards for trustees and pensions managers.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.
Schemes should have a response plan in place to deal with breaches of security following the launch of the General Data Protection Regulation (GDPR), according to Trafalgar House.
The defined benefit (DB) Costain Pension Scheme has appointed Trafalgar House as administrator following its decision to outsource for the first time.
The third-party administration market has seen an influx of schemes outsourcing for the first time. Daniel Taylor asks whether schemes should outsource or stay in-house