Transform or Transition?
6 Jan 2022
Case studies'Administration is tricky. Errors occur. Mistakes happen. That is the nature of the beast.' This is a message that some have heard from their administrators over the years. But, what if it's not just day-to-day errors? Are there more fundamental issues? Perhaps the transition to your administrator was poor, your data may be unreliable or errors have gone undetected and have compounded.
Who is guarding the hen house?
5 Jan 2022
Musings“Well-run schemes are those that have access to a wide range of perspectives, knowledge and skills, where everyone has equal opportunity to contribute and challenge from different perspectives.” - David Fairs, Executive Director of Regulatory Policy, Analysis and Advice at The Pensions Regulator, wrote those words in his latest blog posted just before Christmas. We whole-heartedly agree with this statement and the theme of his blog, though it is interesting to contrast this with changes happening across the pensions industry and consider which are for good, and which may actually lead to long term harm.
Getting ready for the Code - Practical tips and tools
17 Dec 2021
MusingsWelcome to the Muse series Getting ready for the Code, where we'll be sharing our practical tips and tools. This follows our round tables in the Autumn with trustees and pension leads responsible for a wide variety of schemes, after some ORA readiness benchmarking that attendees did in advance.
Getting ready for the Code - Where to start
17 Dec 2021
MusingsWelcome to the Muse series Getting ready for the Code, where we are sharing practical tips and tools. The first article in the series is a practical look at gap analysis, to help assess how ready you are for the Code and ORA. After initial Trustee training, this is where many are starting their Code and ORA work.
Home and Dry?
13 Dec 2021
Case studiesWith a destination in sight many trustee boards are trying to ensure that they get there as quickly and safely as possible. So what should you do if your radar screen goes blank? Your Pensions Manager wants to retire and you need to replace the person responsible for the day to day management and direction of the scheme.
Consolidating Advisers
13 Dec 2021
Case studiesWhere a company has a number of legacy pension schemes as a result of acquisition, it is not unusual to find them administered by different parties. In this example, our client had many legacy schemes (all closed) and five different administration providers.
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