The cross industry GMP Equalisation Working Group (GMPEWG) today published Guidance on member communication, entitled ‘Guide to GMP Communications – Early Planning Stage’. The GMPEWG is chaired by the Pensions Administration Standards Association (PASA), the Communications sub-group of this was …
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Press Release – PASA issues ‘road ahead’ follow up COVID-19 Guidance for Administrators
PASA has issued follow up Covid–19 Guidance designed to highlight best practice for administrators as they navigate their way out of lockdown. Kim Gubler, PASA Chair, commented; “When we issued the PASA Guidance to administrators as we entered lockdown on …
Read MoreProfessional Pensions article – Efforts to tackle legacy issues must be accelerated
Check out the latest Professional Pensions article by Origo, PASA Experts for Dashboard and Transfers. The government’s focus on pensions dashboards and pension transfer times will require the industry to improve its data accuracy and administrative efficiency, says Anthony Rafferty.
Read MoreBuilding Resilience to Cybercrime
PASA is aware of current heightened interest from cybercriminals in the pensions sector. This has the potential to have a very serious impact unless administrators are properly protected because of people’s reliance on them to settle and pay their benefits …
Read MorePFO article – Cybercrime & Pensions Administration
Check out the latest PFO article from PASA Board Director, David Pharo. At PASA we too recognise the risks associated with this issue and have developed our first new Standard since the original set of PASA Standards were introduced, focused …
Read MorePress Release – GMP Equalisation Working Group launches Data Guidance
The cross industry GMP Equalisation Working Group (GMPEWG) today publishes Guidance on the data required for GMP Equalisation (GMPE). The GMPEWG is chaired by the Pensions Administration Standards Association (PASA). The Guidance looks at all the data aspects of a …
Read MoreRobert Wakefield
Robert has worked in the world of pensions for nearly thirty years in various guises, having started as an eager actuarial student working on pension scheme valuations and investments. Realising there is a world of pensions beyond actuary work, Robert …
Read MorePASA accreditation. LCP’s take on how and why…
Gaining PASA accreditation is a big reward – being formally recognised by the leading administration standards body as being ‘gold standard’ is something firms can celebrate and the Pensions Regulator is increasingly promoting. Yet it’s also a big task. There’s …
Read MorePASA blog – Isolated, but not alone
Supporting our stakeholders through uncertainty I remember talking to my youngest daughter, who was eight at the time when she accidently saw some unsettling footage on the news last year. She asked me why there are so many bad people …
Read MorePress release – LCP achieves PASA accreditation
PASA today announced Lane Clark & Peacock (LCP) as the latest organisation to be awarded PASA accreditation. Lorraine Harper, Chair of PASA’s Accreditation committee, commented: ‘Pensions administration remains a critical issue, with poor pensions admin having a significant, and negative, …
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