There has been no let up for third party administrators in the past year

Following the Pensions World’s latest Third Party Administration (TPA) survey Allison Plager reports that the TPA market is awash with activity as more schemes are looking to de-risk as well as keep up with recent industry changes. One such change of course, being the introduction of pension freedoms. Our very own Head of Administration, Suzanne Wilson was available to comment on the effects this will have on schemes without sufficient technological resources to manage the demand. Allison, rounds off the report by urging trustees to ask questions of their existing or prospective TPA to ensure that they are ready for the new challenges.