Trustees at risk as administrators withhold data problems

clock •

Trustees and schemes are at risk of significant problems because administrators are withholding information, according to advisers.

Incoming administrators sometimes fail to provide promised data audits and due diligence when taking on new scheme clients, instead prioritising larger transactions, Spence and Partners warned. ...

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

Author spotlight

Taha Lokhandwala

View profile
More from Taha Lokhandwala

TPR conditional data update gets mixed response from industry

Investing or inflating? Pension funds and food

More on Admin / Technology

Pension administrator capacity biggest obstacle to buyout, LCP finds
Admin / Technology

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

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
Martin Richmond
clock 16 December 2024 • 1 min read
Majority of asset managers using AI to support investment research
Admin / Technology

Majority of asset managers using AI to support investment research

XPS analysis finds four-fifths using a form of AI to improve their internal business efficiency

Martin Richmond
Martin Richmond
clock 12 December 2024 • 3 min read
Trustpilot