The Pensions Administration Standards Association (PASA), the independent body dedicated to driving up standards in pensions administration, announces the appointment of Equiniti as its Knowledge Partner in E-Administration. |
Margaret Snowdon, Chair of PASA, said: “When thinking about advances in pensions technology, it is no longer a question of when, but how. It is crucial to confront the practical side of how schemes can make the best use of modern technology and to help schemes with practical guidance on how they can deliver their ambitions for the use of technology to improve the member’s experience. Even the most positive of change brings uncertainty, so the industry needs tangible guidance and best practice to support schemes to set their ambitions and set out the steps required to achieve them. “Equiniti’s shared passion and experience in this field make them the ideal knowledge partner for PASA as we prepare to increase our focus on this vital area, helping us remain at the forefront of upcoming changes and bolstering our existing knowledge. This, in turn, means our members will always be kept ahead of the curve for developments relating to E-Administration and can continue receiving the most meaningful support and guidance possible.” Duncan Watson, Managing Director, Workplace Pensions at Equiniti, said: “Having spent many years developing cutting-edge technology and tools to help members engage with their pension, we are proud to have been appointed PASA’s Knowledge Partner for E-Administration. Technology can open exciting doors for the industry, but it must be implemented in the right way and to help ensure that processes like data management and automation are deployed at a consistently high level. “By working in collaboration with PASA, we will be able to drive progression and best practice at a wider level, helping the industry become better equipped to adopt new advances further down the line.”
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