Pensions - Articles - Action for Children outsource pensions administartion


Trafalgar House have announced that it has been appointed to provide pensions administration services to the Action for Children Pension Fund, which has more than 7,000 members and over £600m of assets. As part of the appointment, which took effect from 1 December 2018, Trafalgar House also transferred two members of the in-house pensions team, to ensure continuity of service to pension scheme members.

 Nick Wood, Pensions Manager at Action for Children, said: “Action for Children has a long tradition of in-house member care, so we wanted to ensure that the administrator we selected would continue to uphold that aim. It was clear from the outset of the process that Trafalgar House shared these values and could offer our members a seamless transition. We found the transition process an efficient and well-managed exercise that has got the relationship off to a great start. We look forward to working with them to continue to develop the service.”

 Dinesh Visavadia, Trustee Director for the Action for Children Pension Fund, said: “When looking for suitable administrators, the Trustee working group put the member experience at the heart of the service. Having a solid platform to continue the same care that the in-house team provided in dealing with members was important. At the same time, it was important to have a strong foundation to enhance the member experience going forward through the use of technology. After an extensive selection process, the Trustees felt that Trafalgar House had the right values and approach to serving the Action for Children pension members.”
  

Back to Index


Similar News to this Story

FTSE 350 pension deficit rises over month amidst COVID19
Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies
Financial advice is more important now than ever before
The impact of the coronavirus has created widespread financial uncertainty, highlighting the need for advice now more than ever. So far, that’s transl
Ongoing protection of workplace pension contributions
Aegon’s Steven Cameron comments on Rishi Sunak’s changes to the Job Retention Scheme and ongoing protection of workplace pension contributions

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.