Admin outsourcing on the up as DB schemes continue to close

clock

Continuing defined benefit scheme closures have left three in ten schemes planning to outsource administration, according to research.

The survey, conducted by Mercer and Chatham Partners, found 27% of schemes in the UK expected to outsource in the next three years - less than half the proportion for the rest of Europe (58%). M...

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

Cartwright launches employee rewards service

Cartwright launches employee rewards service

Consultancy launches service to provide bespoke packages to clients

Jasmine Urquhart
clock 27 January 2025 • 1 min read
TPR calls on industry to engage with open data competition

TPR calls on industry to engage with open data competition

Regulator says competition will offer opportunities to innovate on savers’ behalf

Martin Richmond
clock 24 January 2025 • 1 min read
The member experience implications of a buyout

The member experience implications of a buyout

Are trustees and sponsors getting the customer service they need from bulk annuity providers?

Jonathan Stapleton
clock 22 January 2025 • 18 min read
Trustpilot