EXCLUSIVE: TPAs face regulation under EU data laws; trustee 'push back' likely

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Third-party administrators (TPAs) will be regulated as data processors under new rules being drafted by the European Union - a move that is set to significantly increase the amount of ‘push back' onto trustees.

Traditionally, only pension scheme trustees have been regulated for their role as data controllers, but TPAs will also face high penalties for data breaches after the scope of regulation is widened...

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