Data (DataWG)

About

If we were to ask pensions professionals “where is data important” we are sure there would be an industry-wide consensus, data underpins every aspect of running a pension scheme and good quality data is critical to the effective management and delivery of pension benefits. All pension schemes are expected to actively manage their data, performing data analysis to determine common and scheme-specific data scores and to proactively address data issues and manage the quality of data held. Not only is good data needed for the efficient and accurate day-to-day administration of benefits, but current projects such as GMP equalisation and preparation for Pensions Dashboard are critically reliant on accurate and complete data.

Holding data which is complete and accurate is critical, and the industry focus on data is key to continued success.

Publications

September 2023 – ‘What have we learnt about data requirements for GMP conversion?’ article in Pensions Expert

August 2023 – Data into Benefits

July 2023 – Dashboard Accuracy Data Guidance update 2023

May 2023 – ‘PASA Data Survey – too much confidence and too little action’ article in Pensions Age

May 2023 – Working Group plans for 2023 (video)

February 2023 – Guidance on Data readiness for buy-in and buyout

September 2022 – PASA Data webinar – Reviews, Management and Strategy slides

September 2022 – PASA Data Webinar – Reviews, Management and Strategy recording

September 2022 – Pensions: The Digital Dilemma interview with LexisNexis

August 2022 – Data Management Plans – One Year On

July 2022 (Updated July 2023, see above) – Dashboard Accuracy Data Guidance

March 2022 – Pensions Age guest comment: Data considerations for GMP equalisation

November 2021 – Ongoing data management and controls Guidance

June 2021 – Data at the heart of every scheme

March 2021 – Data Management Plans Guidance

November 2020 – Data Working Group blog on future plans

February 2019 – Data guidance FINAL

 

Members

Chris Tagg (Board Sponsor)

Kristy Cotton (Chair) Deloitte (PASA Expert Knowledge Provider for Data)

Claire Fuller (First Actuarial)

Louise Donohue (Heywood)

Paul Rickman (LCP)

Steve Robinson (Equiniti)

Julie Beadle (Willis Towers Watson)

Nic Jones (PCSL)

Adam Scarff (Nestle)

Alan Clay (LexisNexis Risk)

Paul Young (Capita)

Hannah Blomfield (Intellica)

Tim Drye (Mortality Manifest)