The industry needs more powers to protect savers by stopping scams in their tracks, but a network to share intel can help, says Margaret Snowdon.
Nominations for the third annual PP Women in Pensions Awards - which celebrate the achievements of women working in pensions or acting as a trustee - have now opened. Find out how to nominate here…
The Pensions Administration Standards Association (PASA) has published a research report and white paper urging the industry to work together to stop automation being derailed by poor quality data.
With the law not adequately protecting savers from scams, the pensions industry must be more direct with members about the risks of transfers, says Margaret Snowdon.
The data the industry holds is not yet good enough for the pensions dashboard, industry experts say.
With schemes facing more administration tasks than ever, it is important the industry attracts new talent to help with potential capacity problems, says Kim Gubler.
The Money and Pensions Service (MAPS) has made ten appointments across the pensions and wider financial sector to work on the practicalities of establishing pensions dashboards.
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
This week's Pensions Buzz respondents were mostly in agreement that 10 weeks is an appropriate length of time to conduct a full DB to DC transfer.
Trustees must have a "clear view" of the increasing number and sophistication of security risks, the Pensions Administration Standards Association (PASA) says as it launches guidance on cyber-security.