Pensions - Articles - Spence and Partners receive PASA accreditation


The Pensions Administration Standards Association (PASA), the independent body dedicated to driving up standards in pensions administration, today announced Spence & Partners has achieved PASA accreditation.

 Lorraine Harper, Chair of PASA’s Accreditation Committee, said: “It’s extremely gratifying to be announcing our fourth accreditation/reaccreditation so early in the year. What this clearly demonstrates is how seriously organisations are taking their commitment to first class administration, and how industry opinion has shifted with administration getting the attention it so rightly deserves after it has been lacking for too long. Poor pensions administration has a direct and significant effect on member outcomes, so getting it right is critical. We are very pleased to welcome Spence & Partners to our gold standard group of accredited organisations and, as ever, we would urge all those who deal with administration to join the benchmark of those who have sought this highly regarded third party endorsement.”
 
 Alan Collins, Director, at Spence & Partners commented: “Great administration is the cornerstone of any successful scheme. At Spence, we are forward looking and enthusiastic about the services we deliver for trustees and members. We are therefore delighted to have achieved PASA accreditation. It is a demanding standard to achieve, and it reflects our desire to offer a best-in-class service and improve levels of member engagement. Over recent years, it has gained increasing industry importance and sets a benchmark for the delivery of pension administration services for savers across the UK.”
  

Back to Index


Similar News to this Story

FCA propose new interactive digital pension planning tools
Alongside targeted support proposals, the FCA also launched a Consultation Paper containing a package of proposals to help consumers navigate their fi
Building resilience in derisking strategies for DC members
The traditional model of derisking defined contribution (DC) pension schemes into default investment strategies is increasingly out of step with how t
7% of employers see salary sacrifice change making an impact
30% of schemes currently pass some or all of NIC savings to members. 13% of schemes believe it’s highly likely they will need to review current pensio

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.