MNPA

The panellists discuss the administrative issues surrounding potential scheme closures

Nearly two-thirds of pension managers believe an increasing regulatory focus on scheme administration will improve service levels for members.

The Pensions Regulator will take enforcement action against trustees who fail to keep scheme data up to scratch.

The Pensions Regulator could enforce mandatory standards of record keeping after its assessment of how trustees' focus has improved, industry figures predict.

Smiths Group has appointed MNPA to administer its two principal UK pension schemes - the Smiths Industries Pension Scheme and the TI Group Pension Scheme.

Schemes must be wary of migration issues following the closure of a service used for paying overseas pensions, MNPA warns.

Pamela Atherton talks to some of the stakeholders in the industry to assess the options available to trustees and corporate sponsors in the current financial situation