Pensions - Articles - Hymans Robertson achieves PASA accreditation


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.”
  

Back to Index


Similar News to this Story

Wish list for the occupational pensions industry in 2025
As one year closes and another begins, it's an opportune moment to set our sights on the future. The UK occupational pensions industry faces nume
PSIG announces outcome of Consultation
The Pensions Scams Industry Group (PSIG), which was established in 2014 to help protect pension scheme members from scams, today announced the feedbac
Transfer values fell to a 12 month low during November
XPS Group’s Transfer Value Index reached a 12-month low, dropping to £151,000 during November 2024 before then recovering to its previous month-end po

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.