Pension administration: turning PRIDE into success

The Royal Mail pension scheme talks about the success of its administration service to Natasha Browne

clock

The Royal Mail has been doing pension administration for the past 50 years. It is perhaps this depth of experience that helped it pick up the prize for Best Administration at the 2014 Pension Scheme of the Year Awards. Still, having a committed and dedicated team is at the core of its success, pension operations manager Mike Hitchins (pictured) explains.

"There are a lot of good administrators out there doing great work, so it is reassuring to know that people think we are right up there with the best of them," he says. "It's a real testament to th...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

Pension administrator capacity biggest obstacle to buyout, LCP finds

Pension administrator capacity biggest obstacle to buyout, LCP finds

LCP says schemes at risk of being caught in ‘bottlenecks’ due to lack of administrator bandwidth

Martin Richmond
clock 18 December 2024 • 2 min read
Aptia partners with HSBC on pension payments

Aptia partners with HSBC on pension payments

Partnership will see firm adopt bank’s payment pre-validation API to reduce risk of errors or fraud

Martin Richmond
clock 16 December 2024 • 1 min read
Prepare your pensions dashboard for a pre-connection audit, RSM urges

Prepare your pensions dashboard for a pre-connection audit, RSM urges

Firm says providers will need to ensure their dashboard is ‘legal’ and ‘compliant’

Martin Richmond
clock 10 December 2024 • 2 min read
Trustpilot