As Chair of PASA, I have been involved in seeing this organisation grow in just four years from its initial position to one which today has a strong voice in the pensions Industry.
We have been blessed with members who share our passion to make a difference and to adopt standards which make for better outcomes for the members of pension schemes. Our members have been keen to put their reputations to the test and apply for accreditation. And we have raised the voice of the pensions administration industry so that it is now heard and listened to in Government, Government departments and our industry regulators. This includes our recent work with The Pensions Regulator to achieve a position where their guidance for trustees requires the appointment of an administrator who is a member of PASA.
We have also worked with other industry bodies to implement codes of good practice, such as the Pensions Liberation Code of Good Practice and the Code of Practice on Transfers of Administration services [insert links to relevant codes], each of which has specific objectives to protect the interest of the scheme member and assist administrators and trustees in getting the best from their suppliers.
We cannot continue to raise the bar without the support of our members; both financial and the time they commit to undertake work on behalf of PASA on a voluntary basis. Without this support we would not be able to have the impact we have. We are always looking for more support, more members and more people to be involved on our committees and workgroups who bring their thoughts and time. This support enables PASA do more, get better and continue our efforts to make a difference.
We have a big agenda for the future, including developing sponsorship links to help fund our activities; growing our membership; supporting more members in achieving accreditation; responding on Government consultations; initiating thought leadership pieces though our policy and strategy committee; and continuing our lobbying efforts within the industry and though our PR and marketing activity. If you’re already a PASA member then why not think about getting more involved to help shape what’s good for our industry. If you are not yet a member, join us today - your voice really can make a difference.