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 future isn’t looking bright for the UK’s workforce.
The Pension Regulator’s fourth annual record-keeping survey found woeful levels of data management at millions of defined benefit and defined contribution plans.
Read more: Pensions Insight July 24. 2013