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The Pensions Administration Standards Association (PASA), the independent body dedicated to driving up standards in pensions administration, has today awarded its “gold standard in administration” to Hymans Robertson. |
Fergus Clarke, Director of PASA and Deputy Chair of the Standards and Accreditation Committee said: “Trustees may not be aware of exactly how much time, resources (and therefore money) they currently spend monitoring that their administrator is doing everything they should be doing, and doing it well. By appointing an accredited administrator Trustees can greatly reduce this, freeing up time for use in other ways. Accredited administration is also being proactively championed by TPR for precisely these reasons.” “PASA accreditation sets itself apart from other accreditations and kitemarks in the industry by being the only one that is member focused and the only one to measure the member experience. It means that what an organisation says is happening, is actually happening. To undertake it an organisation must be determined, and confident, that they would meet the highest of standards. To achieve PASA accreditation you have to be genuinely outstanding, it is with great pleasure we are able to acknowledge Hymans Robertson in that bracket.”
Peter Dyer, Head of Administration at Hymans Robertson, commented: “We’ve been pleased to support and promote PASA as a Corporate Member since its formation in 2011. One aspect which attracted us to PASA was its objective to publish a “best practice” set of standards for administration that we could measure ourselves against as well as be independently inspected against for accreditation. I believe that our clients will very much welcome the independent assurance that PASA accreditation provides.” |
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