pension administration

The Pensions Regulator (TPR) has set out plans to use "new regulatory initiatives" with over 1,000 schemes as it aims to tighten its regulatory grip and boost member outcomes.

HM Revenue and Customs (HMRC) has announced it is delaying the provision of data that will enable pension schemes to confirm the guaranteed minimum pension (GMP) benefits to pay to members until the end of the year.

The sector is responding to changes including the GMP equalisation ruling, data protection and increasing demand for administration services. Holly Roach looks at what this year has in store.

Pensions Software Solutions (PSSL) - the business set up by Clive Hallworth and Roger Betts last year - has launched a fully automated pension administration system, Aurora, in a bid to improve efficiency and cut costs.

The regulator has published a guidance paper on cyber security, advising trustees on how they should go about minimising risks faced by pension schemes. Victoria Ticha looks at the details

Michael Klimes explores the challenges to the rollout of biometrics in schemes and the benefits it could bring.

Most respondents believe single policy board would save money and cultivate a holistic approach.

Respondents say starting contributions from an earlier age will benefit workers at retirement.

The Pensions Administration Standards Association (PASA) will set up a mediation service to help schemes resolve issues when changing third-party administrator (TPA), PP can reveal.

Taylor Wimpey has appointed Hymans Robertson as third-party administrator of its pension scheme after an open tender.