Tag Archives: administration
How far can we use AI in administering pensions?
Bob Ward, someone who I’ve known as a deep thinking on pensions administration since the days of Papdis and our hopes of simplifying AE contributions, has this to say as a comment on a recent blog on CDC administration of … Continue reading
Posted in pensions
Tagged administration, AI, Bob Ward, CDC, compliance, member support, Pensions
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Administration as Critical Infrastructure -KGC Associates (pt. 4)
This is the fourth of a series of articles from KGC Associates. Once again thanks to Hayley Mudge. What consolidation means for system-wide resilience Across the UK pensions industry, administration has historically been treated as a supporting function, essential, but … Continue reading
Stability is not Scale; admin from the Trustee’s point of view
This is the second of a series of articles about pension scheme governance from KGC – written by Hayley Mudge. They are proving very helpful to me and my colleagues as we consider the advent of UMES CDC. Why … Continue reading
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Tagged administration, Hayley Mudge, KGC, Pensions, Scale, Stability
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Pensions shouldn’t squeeze life out of lower league football
Torquay United – managerless and in administration At the start of the season, Torquay were favourites to climb out of the National Conference South. Yesterday they sacked Gary Johnson ( Yeovil’s “king”) and announced they were going into administration. The … Continue reading
Why is the pension user journey so rough?
People worry about their pensions, they do not enjoy the prospect of having a later life free of work, they worry that they haven’t saved enough, they’ve lost their pension rights , they worry about their money running out before … Continue reading
Pension administration – a tale of two cultures
This afternoon I’ll be chairing a session of a “strategic summit” on pensions that’s happening in the City of London .It’s good to be doing something live again and I hope to meet with more people I’ve missed. London is … Continue reading
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Tagged administration, kim gubler, PASA, Pension Bee, Pensions, Ralph Frank
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Pension Administrators need better benchmarks than each other!
Strong words, Henry. Pensions administration is the toughest gig in the industry – bar none. Let’s ensure we criticise “the industry” not “the individuals”. They are faced with a Herculean task. Clients and consultancies should invest more in these #pensions … Continue reading
The pension must go on
As we all work in our individual way from our individual workplaces, it’s hard to see the big picture – we see plenty of trees but not the wood. Pensions are not about us but about the people who get … Continue reading
Posted in advice gap, age wage, auto-enrolment, dc pensions, de-risking, Liability Driven Investment, Pension Freedoms, pensions
Tagged admin, administration, advice, Furlough, Investment, Oil, pension, Show must go on
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Holding the thin blue line on pensions
1. The immediate threat of fraud The policing of pensions is a precarious business and the “thin blue line” is figurative. The police are reluctant , for good reason, to busy themselves in the complexities of criminal maladministration , prosecutions … Continue reading
Posted in age wage, Payroll, pensions
Tagged administration, Payroll, Pension Bee, pensions, scams
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Payroll’s good fortune or a pension administrator’s nightmare?
Many of us will have breathed a sigh of relief on hearing that the Chancellor did not intend to make any changes in the pension tax relief. Whether it was moving to a flat rate (possibly unaligned with any tax-band … Continue reading
Posted in pensions
Tagged administration, Business, Financial services, payoll, pension, pension tax relief, Retirement, RTI, scheme pays
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