BUILDING THE FUTURE OF SCHEME ADMINISTRATION
Thursday 4 March | Digital Conference
Admin & Data Forum
Building the future of scheme administration
Professional Pensions is thrilled to announce the launch of our brand-new event for 2021, the Admin & Data Forum taking place on 4 March 2021. This event sees the return of our incredibly popular Admin Forum but now with an additional focus on the technology and data issues that schemes are currently facing.
Member engagement is often considered more important than data quality, however increasing numbers of members see data quality as the greatest difficulty facing the pensions dashboard. And with many leading industry experts decrying the quality of member data, this could potentially further delay the launch of the dashboard. This coupled with the ongoing COVID-19 pandemic sees schemes facing more administration tasks than ever before, begging the critical question, are we heading for a capacity crisis in admin?
This concise half-day event will explore a variety of different issues affecting scheme managers, through a combination of informative presentations and interactive panel debates, including GMP equalisation, the pensions dashboard, the accuracy and quality of members data and the latest trends in scheme administration.
This event is working towards the International Standard ISO 20121 and follows guidance set out by the Sustainable Event Alliance (SEA)
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Who should attend?
Professional Pensions welcomes delegates from the following job types:
Pension Scheme Managers
Pension Scheme Administrators
Pensions Communication Specialists
Chairs of Trustees
*Please note that complimentary places are reserved for inhouse pension and benefit professionals
Jonathan Stapleton, Editor, Professional Pensions
What does the future of pensions administration and data need to look like? The two go hand-in-hand and will always be inextricably linked. But there is growing evidence that a conscious uncoupling may bring the best outcomes for members, trustees and providers, whilst creating room for innovation and specialism to bring real progress.
Matt Dodds, Director, ITM
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project. Yet, most schemes haven’t yet chosen a GMP equalisation method and are awaiting further guidance and legal clarifications. Things are, however, becoming clearer and the GMP Equalisation Working Group has begun to publish guidance to help schemes resolve the issue. This session will look at where we are now with GMP Equalisation and look at the admin and data steps schemes need to take to complete the project.
Geraldine Brassett, Client Relationship Director, Capita
The government has committed to introduce the pension dashboard within the coming four years. As part of this, all pension schemes will need to make data available in a set format for inclusion. This is no mean feat, as pension scheme data is not always complete, accurate or in easily accessible systems so much work will be needed to get scheme data dashboard ready. This session will assess the administration and data work schemes need to do to become ‘dashboard ready’ - looking at the dashboard data standards, the impact of the Covid-19 pandemic on the roll out, and the administration practicalities of the pension dashboard.
Chris Curry, Principal, Pensions Dashboard Programme
For many schemes, administration has been seen as a cost to be managed downwards. Yet, as issues such as Freedom and Choice, GMP Equalisation and data quality come to the fore, an increasing number of schemes are deciding cheapest isn’t necessarily best and are looking to pay more for their admin. In this session, our panellists will discuss what best in class admin looks like and what the future holds for data quality.