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.”
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