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.”
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