Pensions - Articles - Barnet Waddingham obtain PASA Accreditation


The Pensions Administration Standards Association (PASA), has announced that Barnett Waddingham LLP have successfully earned PASA accreditation.

 Fergus Clarke, Executive Director of PASA commented; “Administration has never been so high on the trustee agenda but much more needs to be done. It is really encouraging however that an organisation like the Pensions Regulator has now recommended that trustees should aim to use an independently accredited administrator, this goes a long way to striving for better quality service and standards in our industry.

 “At PASA we have long since recognised the significant negative impact poor pensions administration has on scheme members, and we have developed our stringent accreditation process accordingly to really reinforce the value of high quality administrators. All of our accredited companies must undergo a strict audit process and demonstrate that they fully comply with our standards. Barnett Waddingham’s administration practice area demonstrated themselves to be set apart from the wider market and join a ‘gold standard’ group of in-house teams and third-party providers who set the benchmark for their peers. We look forward to presenting them with their Accreditation Certificate at PASA’s first annual event on 27th February in London (Click here for more information).”

 Paul Latimer, Barnett Waddingham’s Head of Pension Administration commented; “Achieving PASA Accreditation is a hard won process. We are thrilled that our clear commitment to providing the highest quality services to UK pension schemes and their members, now and into the future, has been recognised in this way. Our team of 270 experienced administrators currently look after over 200,000 members across 300 plus pension scheme clients and this accreditation cements our position as one of the leading Third-Party Administrators in the UK.”
  

Back to Index


Similar News to this Story

Income tax reprieve for those reliant on State Pension
The Chancellor has confirmed in an interview with Martin Lewis that pensioners whose sole income is the state pension will not have to pay income tax
Salary Sacrifice on Pensions capped by Chancellor
Comments from IGG, Mercer, SPP and Hargreaves Lansdown comment on salary sacrifice being capped by the Chancellor
Relief as other pensions tax perks remain untouched
Pension salary sacrifice cuts confirmed from 2029 will be a blow to many employees saving for retirement. But pensions remain the most tax-efficient w

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.