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

PDP updates reporting standards

PDP updates reporting standards

Update sets out standards for data recording and reporting, as well as code of connection

Jasmine Urquhart
clock 20 November 2024 • 1 min read
Trafalgar House launches online portal to simplify pension transfers

Trafalgar House launches online portal to simplify pension transfers

Portal allows members to complete the entire transfer process digitally

Jonathan Stapleton
clock 18 November 2024 • 1 min read
Welcome to the Administration Age

Welcome to the Administration Age

How admin is adapting as members’ needs change, tech advances and expectations rise

Malcolm Reynolds
clock 05 November 2024 • 4 min read
Trustpilot