Getting It Ready, Getting It Right 

After a busy year last year, 2023 is not an exception for admin and data. With the launch of the Pensions Dashboard on the horizon, many schemes worry that their data will not be up to scratch. With accuracy of data also reliant on engagement from members, if members aren't engaged with schemes, confidence to update member records will be lacking.

Quality of admin and data is also a concern for schemes approaching buyout too. Following the market turbulence in October 2022, some schemes were in a much better buyout position than before. Whilst once believing they had five to ten years to prepare, some now only have eighteen months. Similarly, more schemes will have begun thinking about GMP equalisation after doing rectification. But is our attention invested more on Dashboards than resolving the data hurdles from GMPE?

All of these issues have one thing in common - confidence. So, why are we lacking the confidence we need in our admin and data as an industry?

With so many projects on the go, employees are stretched more than ever. After Covid-19, resources were lost and there is now a huge pull-on admin due to resources being at bursting point. Plus, with the push to get members online, this potentially opens up members to a number of potential cyber-attacks. In a cost-of-living crisis, it is more important than ever we stay vigilant, get our data ready and get it right the first-time round.

Introducing Professional Pensions very own Admin & Data: Getting It Ready, Getting It Right . Join us, for a half day conference designed with your confidence in-mind. Enjoy a multitude of topics and discussions, and by lunch, feel inspired to tackle the many hurdles ahead.

Register with us today and thank yourself tomorrow when you've taken your first step into your journey towards a fret free 2023.

The Admin & Data Forum is CPD Accredited:

By the end of this event, you will be able to: 

- Summarise how we can combat the possibility of a resource crisis

- Identify the challenges that come with getting Dashboard ready and demonstrating ideas to overcome these issues

- Listen to discussions surrounding cyber security and applying the advice given to protect your members

Ask your biggest admin and data-related concerns to our industry experts, and question others in related discussion