Firms have lost "whole box loads of paperwork" recording pension contributions and entitlements, meaning thousands could be deprived of their retirement income. Hundreds of thousands of people may...
Government audit finds astoundingly bad recordkeeping by Social Security (US)
Much of the Social Security Administration’s information on who’s dead and who isn’t is “inaccurate, incomplete or untimely” and could “lead to improper payments,” according to a government audit....
Weak administration could undermine the future of pensions (UK)
Regulator’s report exposes data gaps in millions of pension scheme records - the watchdog should not be afraid to bare its teeth If the success of pensions depends on robust administration then the...
State Audit finds careless record keeping could cost Missouri taxpayers millions (US)
Could careless record keeping cost Missouri taxpayers millions of dollars? It's a possibility as the feds try to recoup millions in questionable welfare payouts. Missouri State Auditor Tom Schweich...
Records of civil service pension payments ‘unacceptable’ admit officials
Inadequate records of civil service pension payments are "unacceptable", the government has said after a spending watchdog raised concerns. The National Audit Office qualified the accounts of the...